Category Archives: Governance Reform, Restructuring, Budget Reform,

Credit Debt Settlement

The ABCs of public accountability

Per­haps not sur­pris­ingly, the state of Cal­i­for­nia announced this week it is $705 mil­lion short of first quar­ter rev­enue esti­mates, mean­ing so-called “trig­ger cuts” to the bud­get will go into effect. The only glim­mer of hope – though dim – is wo…