Tom Cambell Q&A on prop 76

State Finance Director Tom Cambell answers some questions about prop 76 on the JoinArnold.com website. Click here to read.

The Perils of Prop 79

the CoyoteBlog has a great article on the Perils of Prop 79.

It turns out that the initiative contains a little-noticed provision that will allow private trial lawyers to sue drug companies for the new tort of "profiteering in prescription drugs."

Chronicle reports Yes on 76 argument

California Director of Finance, Tom Campbell, reports why we need reform of the state's automatic spending formulaes that keep propelling spending above revenue. Even when we spend more than last year, the states employees unions call it a cut because the broken spending formulas say we should have spent even more.