Oh Man! Did a lot happen on the first day of the new California Legislature on Dec 1st. The governor declares a fiscal state of emergency as revenue shortfalls continue to plunge.
The same day Congress starts working a proposal to bailout state and local governments. This proposal will only encourage politicians to continue their terrible fiscal policies instead of cleaning up wasteful programs.
I hate when politicians resort to dump tricks.
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Wednesday, December 3, 2008
Wednesday, August 6, 2008
More State Paycuts
Gov. Arnold Schwarzenegger's administration on Tuesday asked state Controller John Chiang to temporarily cut the pay of roughly 180,000 state employees while exempting about 50,000 workers in a patchwork of departments.
Schwarzenegger's formal pay letter moves him closer to a legal battle with Chiang, whose office said Tuesday he will defy the instructions and continue to pay full salaries to state workers.
The governor signed an executive order last week that terminated 10,133 part-time and temporary employees while banning overtime for most workers and attempting to slash salaries until a state budget is approved.
More details follow at the Sacramento Bee
Schwarzenegger's formal pay letter moves him closer to a legal battle with Chiang, whose office said Tuesday he will defy the instructions and continue to pay full salaries to state workers.
The governor signed an executive order last week that terminated 10,133 part-time and temporary employees while banning overtime for most workers and attempting to slash salaries until a state budget is approved.
More details follow at the Sacramento Bee
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