The worst of all worlds

Article Abstract:

The contradictions inherent in the Prop.34, the finance reform measure instituted in 2000, are highlighted. It is one of the loopholes in the measure that encouraged Cruz Bustamante in his run up to the California governorship to transfer millions of dollars to his 2003 campaign committee, the act which was ultimately judged illegal.

Financial management, Public affairs, Ethics, Finance, Ethical aspects, Political campaigns, Company financing, Electioneering, Gubernatorial candidates, Bustamante, Cruz

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Changing the debate on debt

Article Abstract:

The annual debt service number is notable in the March budget, as it is more than twice the size of annual state borrowing costs. The conclusion suggest that democrats should embrace the debt service as their very own line item and reframe the whole budget debate.

United States, Analysis, Economic aspects, Budget, Government spending policy, Federal budget

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