Gov. Jerry Brown uses charts on May 11 to illustrate his revised 2017-18 budget, noting that an economic downturn is likely. Nevertheless, Brown proposes to borrow $6 billion from a state investment fund to prepay pension obligations.
Gov. Jerry Brown uses charts on May 11 to illustrate his revised 2017-18 budget, noting that an economic downturn is likely. Nevertheless, Brown proposes to borrow $6 billion from a state investment fund to prepay pension obligations. Randy Pench rpench@sacbee.com
Gov. Jerry Brown uses charts on May 11 to illustrate his revised 2017-18 budget, noting that an economic downturn is likely. Nevertheless, Brown proposes to borrow $6 billion from a state investment fund to prepay pension obligations. Randy Pench rpench@sacbee.com
Dan Walters

Dan Walters

Observations on California and its politics

Borrowing scheme for CalPERS deserves more scrutiny

May 21, 2017 4:00 PM

Comments

More Videos

  • Dan Walters: Big election, but most people 'could care less'

    The Sacramento Bee's Dan Walters is excited that for the first time in a long time Californians were actually treated to a full blown presidential campaign, with all nominees from both parties campaigning up and down the state. Despite California voters actually being treated like they mattered, it still seems as if most people 'could care less.'

About This Blog


Dan Walters' column appears in dozens of California newspapers. He joined the Sacramento Union’s Capitol bureau in 1975 and in 1981 began writing the state’s only daily newspaper column devoted to California political, economic and social events. He and the column moved to The Sacramento Bee in 1984. Contact him at dwalters@sacbee.com or 916-321-1195. Twitter: @WaltersBee