CPC Study Consolidates California's State and Local Government Spending
CPC Study Consolidates California's State and Local Government Spending
FOR IMMEDIATE RELEASE Sacramento, California, January 14, 2013 Contact: press@calpolicycenter.org When Sacramento politicians are dancing in the end zone about their “balanced budget,” how much does that tell us about whether government spending has been brought under control? Not much, according to a new study by the California Policy Center. Using the most recent financial...
By California Policy Center
CPC Study Calculates Impact of New Credit Rating Criteria
CPC Study Calculates Impact of New Credit Rating Criteria
FOR IMMEDIATE RELEASE Sacramento, California, January 14, 2013 Contact: press@calpolicycenter.org The California Policy Center has just published a new study that examines the impact of the credit rating criteria being considered by Moody’s Investor Services for state and local governments. Moody’s has proposed discounting pension fund liabilities at a rate of 5.5% instead of the...
By California Policy Center