As Illinois’ debt doomsday clock keeps ticking down to July 1, 2017, where in the absence of the state legislature passing a budget that can be approved by the state’s governor, the state government will almost certainly have its credit rating cut to junk status as it will also stop paying contractors to work…
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The U.S. Supreme Court has dismissed a lawsuit by California’s public employee retirement system against investment banks that supposedly “duped” them into buying some $700 million of stock. CalPERS, the nation’s largest pension trust fund, could have joined a class-action with others but declined to do so. Then CalPERS missed the three-year statute of…
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The July 4 holiday is just around the corner but Californians might want to mark their calendar for July 1 because on that day they could become lawbreakers. Last year, the legislature passed gun laws, approved by governor Jerry Brown, that require Californians, by July 1, to get rid of any rifle or pistol…
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Last Friday, President Trump signed the VA Accountability and Whistleblower Protection Act into law, which promises to finally make it easier for the Department of Veterans Affairs senior leadership to remove supervisors and employees who have engaged in misconduct from their jobs, while also better protecting the employees who make misconduct at the VA…
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California has added Texas, Alabama, Kentucky and South Dakota to its travel ban. State attorney general Xavier Becerra made the announcement accompanied by representatives from the ACLU and Equality California, which apparently fancy themselves part of government. California’s AB1887, enacted last year, purports to ban state employees from travelling to states perceived to discriminate…
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California’s vaunted bullet train has yet to carry a single passenger but it has managed to make the news. As it turns out, the state’s High-Speed Rail Authority offered a contract extension of $3 million on a noncompetitive basis. In other words, it was a no-bid sweetheart deal. That emerged in a new report…
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Illinois’ fiscal situation is getting worse. ZeroHedge summarizes the state’s rapidly deteriorating predicament: With just 10 days to go until Illinois enters its third year without a budget, resulting in the state’s imminent downgrade to junk status and potentially culminating in a default for the state whose unpaid bills now surpass $15 billion, Democratic…
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“Budget cuts threaten forests’ roads, hunting, fishing,” headlines the piece by McClatchy reporter Anshu Siripurapu. Trails “could get messier,” and maintenance on bridges, dams and recreation sites “could” become tougher. “That’s the potential fate of national forest projects, thanks to President Donald Trump’s proposed budget for fiscal 2018,” Siripurapu warns. The president seeks $100…
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As we noted, Jerry Brown has jacked up gasoline taxes and fees by $5.2 billion, and the governor slams those less than worshipful of this hike as “freeloaders.” Brown is a big booster of “subsidiarity,” which means that bureaucrats can use tax money designated for needy school children to boost the salaries of bureaucrats…
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What a difference a small change in personnel at the White House makes! Nearly two and a half years after becoming President, Barack Obama finally got around to signing an executive order to establish the “Campaign to Cut Government Waste“, which promised to impose new oversight and accountability aimed at reducing waste, fraud and…
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