borrowing

Borrowing not the solution

The European financial crisis is in full swing and shows no signs of stopping. In the worst scenario, the economies of Greece and Italy will crash and cause a wide bank run which w ...

State budget loans: Water districts feeling the bite

Editor's note: Solving the $24 billion state budget deficit meant cuts to local programs. In this series, the Journal looks at how they may affect you. The Nevada Irrigation Dist ...

State should keep hands off county, city tax revenues

“We are not Washington. We cannot print money. We cannot run up trillion-dollar deficits. We can only spend what we have.” With that statement Tuesday, Gov. Arnold Schwarzeneg ...