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19 hours ago ago from El Opinador Compulsivo

La tierra de Cogito comparada a la mía. Excelente ensayo sobre por que California es cada vez más como Argentina. O ne out of every five Americans is either a Californian or a Texan. California became the nation’s most populous state in 1962; Texas climbed into second place in 1994. They are broadly similar: populous Sunbelt states with large metropolitan areas, diverse economies, and borders with Mexico producing comparable ...

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New Crisis: California Runs Out of IOU’s

18 hours ago ago from Banana News | All the news thats unfit for print

State Fault Lines Fracture the National Alphabet July 17, 2009 The California budget crisis has walloped a State already beset by earthquakes, suburban wildfires, rolling mudslides, and deteriorating tan lines. Now in a potential fatal punch to the California lifestyle, terminator turned Governor Arnold Schwarzenegger announced that the California State Government has run out of IOU’s to pay state salaries, services, and creditors ...

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Schwarzenegger Seeks Rule Changes on Mandates and Social Programs To Ease $21 Billion Budget Gap

7 hours ago ago from Visit Offshore Inn when Living Overseas for International Real Estate, Overseas Jobs, Asset Protection, Expatriate Resources and Overseas Retirement

California is back in the hole and digging deeper. It is now $21 billion in the hole again and digging deeper every day. In response to the growing problem, Schwarzenegger Seeks Obama’s Help for Deficit Relief California Governor Arnold Schwarzenegger, anticipating a $21 billion state budget deficit, plans to ask President Barack Obama to ease mandates and minimums on social programs to save as much as $8 billion. The Republican ...

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BUDGET CUTTERS BEWARE: BIG NEW CUTS RISK VAST FUTURE COSTS

18 hours ago ago from California Focus Syndicated Column

CALIFORNIA FOCUS FOR RELEASE: FRIDAY, JANUARY 8, 2010, OR THEREAFTER BY THOMAS D. ELIAS “BUDGET CUTTERS BEWARE: BIG NEW CUTS RISK VAST FUTURE COSTS” California will soon be hearing a new cry of alarm from its movie tough-guy governor, whose upcoming state of the state speech will be unable to gloss over the reality that this year’s budget shortfall is even worse than last year’s. Maybe the numbers won’t be quite as high: The deficit ...

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Schwarzeneger threatens to eliminate IHSS if he’s not given complete freedom to slash programs

6 hours ago ago from SF Gray Panthers

The Governor in his letter specifically cited recent federal court decisions that has blocked the State from implementing budget reductions impacting the State’s contribution (participation) toward IHSS worker wages; blocked a 10% reduction in reimbursements to foster family agency providers, blocked a 10% and 5% reduction for most Medi-Cal providers; stopped a reduction in the number of days Adult Health Care Centers could provide services; ...

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California's Gov. Schwarzenegger Likely to Seek More Federal Assistance to Cut Deficit

14 hours ago ago from BloggingStocks

California update: Gov. Arnold Schwarzenegger (R-Calif.) is expected to ask President Obama to ease federal mandates and minimums on social programs to save the state up to $8 billion. The action is needed because California, which has already cut programs to eliminate previous budget deficits, faces up to a $21 billion budget deficit for this fiscal year, Bloomberg News reported Thursday . California's double-digit unemployment rate has ...

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Digital Domain: Sorry, Shoppers, but Why Can’t Amazon Collect More Tax?

12 hours ago ago from The New York Times

BEFORE settling on Seattle as the home of Amazon.com , the founder, Jeff Bezos , considered placing the company on an Indian reservation near San Francisco. This way, we could have access to talent without all the tax consequences, he said in a 1996 interview with Fast Company. Jim Wilson/The New York Times Amazon collects sales tax in only a few states, but not in Arizona, where it has this warehouse. Related Times ...

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States With Expanded Health Coverage Fight Bill

3 hours ago ago from Huffington Post

New York Times : States that have already broadly expanded health care coverage are pushing back against the Senate overhaul bill, arguing that it unfairly penalizes them in favor of states that have done little or nothing to extend benefits to the uninsured. With tax revenues down and budgets breaking, the states -- including Arizona, California, New Jersey, New York and Wisconsin -- say they cannot afford to essentially subsidize other ...

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