K-12 Tax & Spending Climate: Bloomberg's Series on Public Sector Influence, Spending & Benefits

Mark Niquette, Michael B. Marois & Rodney Yap

The result isn't only a heavier burden on California taxpayers. As higher expenses competed for fewer dollars, per- pupil funding of the state's public schools dropped to 35th nationally in 2009-2010 from 22nd in 2001-2002. Californians have endured recurring budget deficits throughout the past decade and now face the country's highest debt and Standard & Poor's lowest credit rating for a U.S. state.

The story of one prison psychiatrist shows how pay largesse has spread.

Related news from the "too big to fail" banks.

The key, of course, is to grow the tax base. The Milwaukee Journal-Sentinel takes a look at the challenges Wisconsin's paper industry faces from China.

Posted by Jim Zellmer at December 13, 2012 1:44 AM
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