04/19/2024

News

Gov. Newsom’s budget shows pension fixes failed

Gov. Gavin Newsom’s proposal to use some of the state’s budget surplus to pay down unfunded liabilities in the state’s two giant government employee pension funds drew praise from an unexpected source – the Howard Jarvis Taxpayers Association, which otherwise had a low opinion of the new governor’s 2019-20 spending plan. Next fiscal year, Newsom […]

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