MetLife Inc. has agreed to pay nearly $500 million in a 20-state settlement over allegations it didn’t pay life insurance benefits to some of its policyholders.
Gov. Jerry Brown has signed a bill that will help the state avoid cash-flow problems this spring by allowing it to borrow from existing government funds.
California State Controller John Chiang says free tax preparation will be available for families and individuals with household incomes of $50,000 a year or less.
The gloomy report amplifies fears the state will have no choice but to impose deeper budget cuts this winter.
The biggest factor behind the top salaries: payouts for unused vacation and sick time that sometimes doubled an employee’s base salary.
Exercising their new majority-vote authority, Democratic lawmakers began approving an $86 billion spending package Tuesday but did so without the tax renewals they had sought all year.
California state Controller John Chiang announced Tuesday he was halting pay for state lawmakers, saying their budget plan was not balanced and did not meet the state’s requirement for getting paid.
Two top California officials have frozen almost $150,000 of campaign contributions given to them from a housing developer accused of defrauding government agencies.
State Controller John Chiang has unveiled a new Web site listing the salary, pension benefits and other compensation for nearly 600,000 city and county employees throughout California.
The California state controller’s office says the scandal-plagued city of Bell has been overtaxing its local businesses and must refund more than $2.1 million.
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