Jul 28 Watch Other News: Sotomayor Nomination Heads to Full Senate In other news, the Senate Judiciary Committee voted 13-6 to recommend Supreme Court nominee Sonia Sotomayor as the first Hispanic justice, and consumer confidence fell for a second straight month. Continue watching
Jul 21 Watch Calif. Strikes Deal to Close $26 Billion Budget Gap Lawmakers in California on Tuesday agreed on a plan to close a $26 billion budget gap, ending weeks of stalemate that left the state's chief accountant having to issue IOUs to creditors. Ray Suarez reports. Continue watching
Jul 17 A Little Poetry for California’s Crisis Paul Solman: Questions keep coming in about the likelihood and consequences of a California default on its bonds. One unexpected result might be anger for the ages. Here’s Lake Poet William Wordsworth on the 1842 bond default of Pennsylvania,… Continue reading
Jul 13 Is California Printing Its Own Money? Question: Is California printing its own money? Paul Solman: Funny you should ask. The State of California Franchise Tax Board website currently features this statement: “We will accept registered warrants…towards the payment of tax liabilities.” State taxes, of… Continue reading
Jul 02 Watch Other News: After Budget Failure, California Begins Issuing IOUs In other news, California began issuing IOU notes after the governor failed to reach a deal on the state's budget, and Vice President Joe Biden visited troops in Iraq. Continue watching
Jul 01 Watch California Leads States Facing Deepening Budget Crises Several states are struggling to find solutions for deep budget gaps as a new fiscal year begins. Jeffrey Brown examines the budget picture across the country. Continue watching
Jun 30 Watch Other News: Markets Slip on Consumer Confidence Data In other news, U.S. stocks fell after an unexpected decline in consumer confidence, and the F.D.A. may seek to ban certain common painkillers. Continue watching
Jun 25 Watch California Lawmakers Struggle With $24B Budget Gap Spencer Michels reports on California's struggles to address a $24 billion shortfall in the state budget, which lawmakers say puts the state in danger of running out of money. Continue watching
Jun 22 Watch Protests Stir Mixed Emotions for Iranian-Americans As demonstrators in Tehran continued to rally against the results of this month's disputed presidential election, Iranian-Americans reacted to the news. NewsHour correspondent Jeffrey Kaye reports. Continue watching
Jun 17 Watch Jobless Find a Creative Voice in Southern California In Southern California, a photographer has been documenting the stories of the jobless -- the irony being that he himself was laid off at the end of 2008. Spencer Michels reports on the stories behind the unemployed. Continue watching