Calif. Lawmaker Wants to Privatize State Pensions
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Hoping to stem a tide of rising  pension debt, a California legislator will propose a  controversial overhaul on Monday that would convert traditional  public employee retirement plans to privately managed  401(k)-style plans, the Los Angeles Times reported on Sunday.
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California Gov. Arnold  Schwarzenegger, who has repeatedly called for fiscal discipline  to heal the state budget, endorsed a ballot measure on Monday  that would spend up to $6 billion in state money on stem cell  research.
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SACRAMENTO, Calif.  - Calpers, the biggest U.S.  pension fund, put corporate boardrooms on notice on Monday that  it plans a crackdown on executive compensation, and said it  would double its allocation for investing in hedge funds.
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In a move backers hope will   change the U.S. approach to the problem of global warming,   California Gov. Arnold Schwarzenegger signed a law on Wednesday   aimed at reducing the state's greenhouse gas emissions.
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TALLAHASSEE, Florida  - Florida's new governor on Tuesday called on state lawmakers to roll back property taxes, reward top teachers and help fight global warming.
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Parsing the senator's position on Gov. Eliot Spitzer's controversial proposal.
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Arnold Schwarzenegger, the actor-turned-governor, is seeking to maximise revenue in the cash-strapped state of California to keep his pledge of no new taxes.
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SACRAMENTO, Calif.  - Members of the board of  Calpers, the biggest U.S. pension fund, voted on Monday to  demand that major car makers meet with them to defend their  lawsuit against California's new air quality regulations to  reduce exhaust emissions from cars and trucks.
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Arnold Schwarzenegger signs a law which sets targets to reduce California's greenhouse gas emissions.
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Struggling U.S. companies must not  use the federal pension agency as a "dumping ground" for their  pension plans in order to survive, a key lawmaker working on  pension reform legislation warned on Tuesday.
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A senior House Republican with long experience in Social Security matters outlined legislation Thursday that jettisons two controversial elements in President Bush's plan in an attempt to court Democratic support.
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California Republican lawmakers unveiled a health-care initiative on Tuesday that they called more realistic than the one proposed by Gov. Arnold Schwarzenegger.
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California may be losing its chance to set the U.S. agenda for providing health care to millions of uninsured as lawmakers on Friday said a bill supported by Gov. Arnold Schwarzenegger to do just that is on its deathbed.
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SACRAMENTO, Calif.  - California Governor Arnold  Schwarzenegger on Wednesday called for a special session of the  legislature to consider controversial reform proposals,  including a law that would trigger across-the-board spending  cuts to close a widening budget gap.
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A California lawmaker said on  Thursday he will introduce a bill to collect data on the use of  stun-guns made by Taser International Inc. and may move to  sharply restrict their use.
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NEW YORK, December 3  - The Board members of the Californian state pension fund, Calpers (California Public Employees Retirement System), are scheduled to begin the process of selecting a new President today, after Sean Harrigan was
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With California facing a $5.5-billion budget gap, Gov. Arnold Schwarzenegger may have to pare his goal of providing health-care coverage to the nearly 7 million uninsured in the state, analysts said on Monday.