FROM Dale Kasler
Detroit's Bankruptcy Ruling Could Have a Big Impact in California The gold-plated promise used to be that a career in government meant a guaranteed safe and sound pension. Yesterday, a federal judge ruled that bankrupt Detroit could cut its municipal pension plans . What will that mean for Vallejo, Stockton and San Bernardino, California cities that have declared bankruptcy? Dale Kasler is business and economics reporter at the Sacramento Bee .
CalPERS Investigating $50 Million Paid to Former Board Member California largest public retirement system, CalPERS , stands to lose $500 million on a New York real estate deal that's about to go bust. Other potential losers are the Government of Singapore Investment Corporation and the Church of England. The State Teachers' Retirement System has already written off $100 million. Dale Kasler covers business and economics for the Sacramento Bee .
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.
Will the GOP weather the storm with Trump or jump ship? Breitbart news claims that the GOP "establishment" has it's knives out" for President Trump, but Republicans in Congress are mostly supportive… at least in public. We look at whether that's likely to last.
Healthcare debate now shifts to the Senate Both parties are celebrating yesterday's House bill to repeal and replace Obamacare. House Republicans are cheering because they were able to pass it. Democrats are happy because they think it's so bad. We look at the details… and the politics.