Gov. Jerry Brown's administration miscalculated costs for the state Medi-Cal program by $1.9 billion last year, an oversight that contributed to Brown's projection of a deficit in the upcoming budget, officials acknowledged this week. read more
California's bullet train could cost taxpayers 50 percent more than estimated -- as much as $3.6 billion more. And that's just for the first 118 miles through the Central Valley, which was supposed to be the easiest part of the route between Los Angeles and San Francisco. A confidential Federal Railroad Administration risk analysis, obtained by the [Los Angeles] Times, projects that building bridges, viaducts, trenches and track from Merced to Shafter, just north of Bakersfield, could cost $9.5 billion to $10 billion, compared with the original budget of $6.4 billion. read more
The Clintons are moving ahead with plans to downsize their controversial foundation's network of offshoots, a decision carried out as the powerful family's political influence wanes and its once-lengthy donor list shrinks.
In a decision announced last week, 22 additional employees are being laid off from the Clinton Global Initiative known for its annual glitzy gathering of high-powered leaders and celebs. The layoffs are tied to a decision to shutter CGI that originally was announced in an Aug. 22 letter from former President Bill Clinton. read more
They're resetting expectations in Russia for a reboot of relations with the United States. It wasn't that long ago that Russia's establishment was reveling in President-elect Donald Trump's victory. That enthusiasm has cooled drastically over the steady drumbeat of bad news coming from Washington. read more
The first of President-elect Donald Trump's nominees headed to Capitol Hill this week to begin their Senate confirmations. And while there were some tense moments and stumbles, overall his Cabinet picks were well-received, and most should get quick confirmations as soon as Trump is sworn-in next week. read more