![4C22SGOV.embedded.prod_affiliate.4[1]](http://www.businessinsider.us/BusinessInsider/wp-content/uploads/2009/11/4C22SGOV.embedded.prod_affiliate.41.JPG "4C22SGOV.embedded.prod_affiliate.4[1]")
By Kevin Yamamura and Dan Smith
(The Sacramento Bee) Gov. Arnold Schwarzenegger estimated Monday that California’s budget will fall out of balance by $5 billion to $7 billion this fiscal year, on top of a $7.4 billion gap already projected for 2010-11.
If true, state leaders would confront at least a $12.4 billion to $14.4 billion problem when Schwarzenegger releases his budget in January. California currently has an $84.6 billion general fund budget.
The Republican governor spoke with The Fresno Bee editorial board Monday after signing a bill placing a water bond on … Continue Reading
By Martin Hill
(L.A. County Libertarian Reporter) The most recent Comprehensive Annual Financial Report (CAFR) from the Southern California Association of Governments (SCAG) reveals that the majority of jobs for the top principal employers in six counties are government jobs.
In the six southern California counties of Los Angeles, Orange, San Bernardino, Riverside, Ventura and Imperial, more than half of the top employers in those counties, on average, are government entities.
Table 13 on Page 96 of the 104 page document lists Principal Employers By County in the SCAG Region for 2008.
San Bernardino County tops the list of private employers with six out of ten … Continue Reading
(The Sacramento Bee) California’s state budget crisis is so severe that the Pew Center on the States, a Washington-based policy think tank, is using it as an example of conditions that imperil other states.
Nine other states, the Pew report says, … Continue Reading
(California Chamber of Commerce) The California Chamber of Commerce has released a report of California legislators’ floor votes for the first year of the 2009-10 legislative session, focusing on priority bills to the state’s business community.
This is the 34th vote record the CalChamber has compiled. The CalChamber publishes this report in response to numerous requests by member firms and local chambers of commerce that would like a gauge by which to measure their legislator’s performance.
To help readers assess legislators’ vote records, the charts group bills … Continue Reading
In a survey of 1,500 registered voters, 80% say the state is on the wrong track. Respondents express little confidence in state politicians and candidates, even as support for Obama remains high.
By Cathleen Decker
(The Los Angeles Times) Frustrated at California’s woes, voters are sharply pessimistic about whether the next governor will be able to move the state in the right direction, and most believe California is in the midst of a long-term decline, a new Los Angeles Times/USC poll shows.
Against that grim backdrop, next year’s political contests loom as potentially volatile, but Democrats start out holding the upper hand, … Continue Reading
