FROM Ed Mendel
The State Budget and Public Pension Reform Governor Brown has declared a stalemate on closing the $25 billion gap between state spending and revenue. He wants roughly half made up by spending cuts and the other half to be an extension of tax increases approved by the voters. Republicans won't give him the two-thirds vote required to put that on the ballot, but there might be a deal on public pension reform. The state's bipartisan Little Hoover Commission has concluded that underfunded pensions threaten both state and local governments. The Legislative Analyst , also bipartisan, agrees.
A Budget Finally Passes, but Schwarzenegger Says He'll Veto It The longest budget stalemate in state history is not over yet. Governor Schwarzenegger says he'll veto the plan finally approved this week by both parties. He says it contains "fake budget reform" and makes the fiscal crisis even worse because "it kicks that can down the alley" into next year.
Budget Deficit Grows To $16 Billion One place where news staffs have been reduced is the State Capitol, where the Governor and the Legislature face a deficit of another kind. The Legislative Analyst, Elizabeth Hill who gets paid for impartial analysis, says the gap between spending and revenue is 1.5 billion more than Governor Schwarzenegger thinks it is; closer to 16 billion than 14. But this weekend, the Governor approved cuts and spending shifts supposedly worth 7 billion.
Tentative Deal Could End California’s 51-Day Budget Delay Late this afternoon, there was word that Senate Republicans had made a deal with the Democrats, seven weeks after the June 30th deadline. In the meantime, the Assembly passed a budget and left town. Today, both houses were back in session.
White House flip flops: NATO, Syria and China In less than 100 days, President Trump has contradicted himself on a host of foreign policy issues — Syria, NATO, China and Vladimir Putin’s Russia. Is it a strength — or a weakness — for the United States when the world of power politics never knows what to expect?
100 days of executive action: Accomplishment or posturing? President Trump's first 100 days have featured a flood of high-profile executive orders. Which ones do what he says they do, and which ones don't? How are Trump voters feeling now?
Rhetoric and brinksmanship on the Korean Peninsula For 25 years, the US has viewed North Korea's nuclear program with increasing alarm. Now President Trump says this country has lost its "strategic patience." We hear what he's actually doing… and what might come next.
Why Don't Facts Matter? "Fake News" may have a long history, but social media and 21st Century politics have brought it front and center. One reason for its appeal and its power is the tendency of so many people to cling to their beliefs — even when confronted with contradictory evidence. Today, another look at the Emotional States of America.