deficits

California Schools Stick Taxpayers with $149 Billion in Bond Debt

The California Policy Center has just published an exhaustive study regarding the $149.2 billion Californians have borrowed over the last 14 years to finance public school construction. Despite the sob stories about dilapidated facilities, huge amounts of cash has been siphoned off due to union project labor agreements, environmentalist lawsuits, and inadequate planning and public oversight.

AP Photo

Left Tries to Push Jerry Brown to Spend More

Left-wing Democrats in California are demanding that Governor Jerry Brown increase spending as he attempts to keep the state budget in the black. The battle allows rank-and-file Democrats to pose as champions of various issues dear to their constituents while Brown can be seen as a fiscal moderate.

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