Monday
Aug062012
Roundup: August 6, 2012
PolicyNook Posted on
Monday, August 6, 2012 at 7:04PM
"The alligator chart cuts through verbiage to visually capture how much money has been cut since 2007-08, the last year that the Legislature funded schools without IOUs for lost cost-of-living increases or direct cuts."Prop 98 is complex, but important legislation; this chart helps cut through some of the complexity.
Under settled bankruptcy law, Stockton can now stop paying retiree healthcare benefits.
Record number of school districts facing insolvency & another seeking bankruptcy bailout, legislators taking harder look
While pensions are getting the most attention, healthcare costs are targeted most in bankruptcies.
Health care regulators, especially Accountable Health Care IPA, have been ordered to stop allowing administrators to make Doctors' decisions.

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