Roundup: July 17, 2012

Paul Volker's State Budget Crisis Task Force released a report that examined state budgets from California, New York, New Jersey, Illinois, Texas, and Virginia. (Photo: State Budget Crisis Task Force)

Volker report makes official what many have been discussing: federal cuts strain already stressed local governments.

CalPERS only earns 1% on investments. 

Pro Prop 30 ad claims CA has a strong bond rating. But CA has one of the worst in nation, right behind PA. 

As usual, Congressional incumbents are raising more than challengers in fundraising campaigns.

With pressure from federal government, CA may soon reevaluate and update requirements for charter schools.