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Oxnard Council Warns of $10MM Deficit; Approves Underfunded $437MM Capital Plan; Mandalay Bay Residents Sound the Alarm on City Seawalls; Housing Dept. Capital Plan Approved

Oxnard Council Warns of $10MM Deficit; Approves Underfunded $437MM Capital Plan; Mandalay Bay Residents Sound the Alarm on City Seawalls; Housing Dept. Capital Plan Approved

By George Miller On April 2, 2019, the Oxnard Council tried to get its arms around a massive five year $437 million capital capital spending plan assembled by Public Works, Finance and other departments. While there seemed to be agreement on the needs, it was clear that there wasn’t consensus on priorities and that it […]

Courtroom drama: Starr successfully challenges Oxnard Mayor Flynn ballot statement

Courtroom drama: Starr successfully challenges Oxnard Mayor Flynn ballot statement

By George Miller Oxnard special recall election (May 1) Mayoral challenger candidate Aaron Starr was in court again today, this time to challenge the veracity of Incumbent Mayor Tim Flynn’s ballot statement. Flynn had emphasized in his submitted statement that the city now has a “clean” audit and a balanced budget for the first time […]

Stimulus puts US debt on an upward trajectory

Stimulus puts US debt on an upward trajectory

As part of a pledge to “Make America Great Again,” President Donald Trump and Republican lawmakers are pursuing aggressive economic stimulus while slashing taxes at the same time. The result, budget analysts say, is likely to be swelling debts and deficits for the world’s largest borrower. – A ballooning deficit – America’s budget deficit was […]

Oxnard Measure M trial nears conclusion

Oxnard Measure M trial nears conclusion

  By William Westmiller & Deborah Baber-Savalla Aaron Starr and Oxnard City may complete their arguments tomorrow. After nearly two years of legal proceedings, the “Trial of Measure M” (City of Oxnard vs. Aaron Starr) could be concluded tomorrow, according to defense attorney Chad Morgan. The dispute over wastewater treatment rates will be in the […]

News Flash for Jack Lew: The US Government is Already Broke

News Flash for Jack Lew: The US Government is Already Broke

. by Thomas L. Knapp Former US Treasury Secretary Jack Lew is bothered by the recently passed “tax reform” package, The Hill reports. His problem? It is “leaving us broke.” “How,” he wonders, “are we going to pay for the deficit caused by the tax cut?” Lew headed the Treasury Department under US president Barack […]

Busy day in court for City of Oxnard vs. Aaron Starr Measure M wastewater case

Busy day in court for City of Oxnard vs. Aaron Starr Measure M wastewater case

By George Miller   Starr and City fight it out on the numbers, alleged harm to the city and Measure M financial justification On Friday, December 29, 2017, the City of Oxnard did battle vs local manufacturing financial officer, activist and Council recall initiator Aaron Starr. in Ventura County Superior Court, with Judge Rocky Baio presiding. […]

Trump’s Fate

Trump’s Fate

  by Victor Davis Hanson  November 28, 2017  Plenty of people in ‘flyover’ country like not only Trump’s message — and actions — but also Trump, the loudmouth messenger. The political verdict seems out on Trump’s current political future. His supporters have won four special congressional elections. Yet, more recently, Republicans lost more local and state […]

California debt now running closer to Italy and Portugal, new study finds

California debt now running closer to Italy and Portugal, new study finds

A landmark study of California’s finances reveals the state’s debt burden is approaching the levels of Italy and Portugal, where debt crises in 2011 and 2012 drove the Eurozone countries to the brink of collapse. The findings come a day after Governor Jerry Brown predicted that the state would end the year with a sizable […]

Obama on pace to increase the debt by $2.4 trillion this year

Obama on pace to increase the debt by $2.4 trillion this year

By Simon Black, Founder  November 17, 2016, Santiago, Chile OK, this is pretty nuts. According to data released by the Treasury Department yesterday, the US national debt has soared by a whopping $294 billion since the start of the 2017 fiscal year, just 45 days ago. That’s an annualized increase of 13%. So if they […]

Obama introduces $4.1 trillion budget based on rosy assumptions

Obama introduces $4.1 trillion budget based on rosy assumptions

Introducing a federal budget that Hillary Clinton is sure to love, President Obama submitted a $4.14 trillion spending plan to Congress Tuesday that would reduce deficits by relying on speculative liberal assumptions of tax increases, immigration reform and economic growth. Total federal spending would rise about 5 percent under Mr. Obama’s spending plan, although discretionary […]

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