Current News

May 11, 2017
"If managing the budget is 'like riding a tiger,' looking out ahead ten years from now is like standing on the deck of the sinking Titanic."
May 5, 2017
Since 2014, there have been several attempts to repeal a cap that prohibits school districts from saving for a rainy day. Senate Bill 590, introduced by Senator John Moorlach (R-Costa Mesa), aimed once again to repeal the burdensome cap. Sacramento Democrats killed SB 590 in the Senate Education Committee last week.
May 3, 2017
Today, the United States Senate approved House Resolution 66 by Rep. Tim Walberg of Michigan that overturns a disastrous rule from the Department of Labor during the Obama Administration. Congress listened to the people, unpleased by the previous Administration’s rule by fiat. With the...
March 29, 2017
The California State Controller's Office released the 2016 Comprehensive Annual Financial Report (CAFR) today. As we warned last year , the state is not directly accounting for all of its unfunded liabilities as the growing retiree medical debt of $76.7 billion is once again not included in the...

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