Newport Beach Approves New Contract For LifeguardsOfficials in one of California's most prominent beach cities have approved a new contract with fulltime lifeguards that would scale back pension benefits in the aftermath of public outcry over their compensation.
Brown: We Don't Have GOP Votes To Pass Budget PlanGov. Jerry Brown says he has been unable to secure enough Republican votes to pass his plan for addressing California's $26.6 billion budget deficit.
Pensions Emerge As Key Issue In California Budget TalksA partisan split over how to change California's massively underfunded pension systems is playing an increasingly prominent role in the debate over Gov. Jerry Brown's plan to fix the state's woeful budget.
Lockyer: California May Be Forced To Issue IOUs Without Spending CutsState Treasurer Bill Lockyer says California could be forced to issue IOUs as early as April or May if state lawmakers don't make deep spending cuts soon.