July 28, 2009 California Gov. Arnold Schwarzenegger on Tuesday signed a budget deal aimed at closing most of the state's $26 billion deficit. Cities across the state will end up bearing part of the financial burden of the deal, and many of them aren't happy.
July 16, 2009 In California, more than 5,000 retired workers receive six-figure pensions. This year alone, the state expects to spend $3.4 billion compared with $160 million a decade ago. Hardly anyone thinks it's sustainable — and it could force many cities into bankruptcy.
July 15, 2009 When California Gov. Arnold Schwarzenegger took office in 2003, he said he would restore voters' confidence. As the state faces a worse fiscal crisis than it did then, his legacy is in peril. While some say his "inside game" has failed, others say he played into the hands of the political establishment.
July 14, 2009 As California lawmakers consider making cuts to the state's health and welfare programs to close the budget gap, people like Gina Jackson, who relies on state aid, are getting worried. Jackson, a single mother of four from Fremont, Calif., says the potential cuts are keeping her up at night.
July 13, 2009 For 20 years, California politicians have quipped that the state is ungovernable. While some have blamed questionably drawn legislative districts and ballot initiatives for the problems, one group says change will only come if the state's constitution is rewritten.