Katy Grimes – Page 355 – California Globe

Republican House Leader Leader McCarthy Introduces the ‘Lower Costs, More Cures Act of 2019’

December 10, 2019 8:31 pmDecember 11, 2019 8:06 am

Do Americans want more affordable medication for seniors, more availability of generic and biosimilar drugs, and greater price transparency through information about drug costs available in the doctor’s office before a prescription is written? Or do Americans want fewer new...

Sacramento City School District At Tipping Point: Insolvency Next Year

December 10, 2019 12:10 pmDecember 11, 2019 10:11 am

California’s State Auditor recently reported that the Sacramento City Unified School District is facing insolvency as early as next year. “Because It Has Failed to Proactively Address Its Financial Challenges, It May Soon Face Insolvency,” the auditor wrote. The primary...

Former California Rep. Katie Hill Plays the Victim in Her Own #MeToo Case

December 9, 2019 3:37 pmDecember 10, 2019 6:17 am

Former Rep. Katie Hill, the California Democrat who resigned following her très bizarre multi-layered sex scandal with a younger female staffer, is now presenting herself as the victim of harassment, bullying, and revenge porn in a New York Times op-ed published over...

Senator John Moorlach (Kevin Sanders for California Globe)

CA State Auditor Finds State Agencies Overpaying Millions for Workers’ Compensation Insurance

December 9, 2019 9:38 amDecember 10, 2019 12:12 pm

The State Auditor reported total costs of $5.8 billion for 32,043 claims open more than two years. The California State Auditor just released an audit finding at least 10 state agencies purchasing Workers’ Compensation Insurance from State Compensation Insurance Fund (State Fund),...

Proposed Settlements From Bondholders and Shareholders in PG&E Bankruptcy

December 9, 2019 2:10 amDecember 10, 2019 6:16 am

PG&E Corporation announced late Friday a proposed agreement to resolve all claims and pay wildfire victims of the 2018 Camp Fire in Paradise, and the October 2017 wine country fires in Northern California. The deal is expected to boost the...

Gov. Newsom’s Climate Change Executive Order Looting Road Funds Short on Details, Long on ‘Social Investing’

December 5, 2019 2:15 amDecember 6, 2019 6:42 am

‘There’s a growing understanding that climate change is a material risk to investors and companies just like cyber-terrorism or inflation.’ Recently California Gov. Gavin Newsom signed an Executive Order authorizing the looting of voter-approved gas tax funding for road repairs...

Tax fighter Howard Jarvis, author of Proposition 13

CA Commercial Property Owners Facing Pervasive Tax Increases if Prop. 13 Split Roll Initiative Passes

December 3, 2019 3:08 pm

‘California’s assessable property is now worth $6.5 trillion with just last year’s increase resulting in $75 billion in revenue.’ Despite California’s record budget surplus of $7 billion in reserves, the Proposition 13 “split roll” property tax ballot initiative could...