National Income and Product Accounts Gross Domestic Product, Fourth Quarter and Annual 2013 Revised Downward

National Income and Product Accounts Gross Domestic Product, Fourth Quarter and Annual 2013 Revised Downward

Washington, DC…Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 2.4 percent in the fourth quarter of 2013 (that is, from the third quarter to the fourth quarter), according to the “second” estimate released by the […]

California Family Discovers Buried Treasure – Hidden Cache of 19th Century U.S. Gold Coins May Be Most Valuable Hoard Unearthed in North America

California Family Discovers Buried Treasure – Hidden Cache of 19th Century U.S. Gold Coins May Be Most Valuable Hoard Unearthed in North America

San Francisco, CA…Rare coin experts, Kagin’s Inc., today announced that a treasure of over 1400 rare U.S. gold coins has been discovered buried on private property in California’s gold region. The treasure was found by a couple on their property while taking their dog on its daily walk. It is believed to be the greatest […]

These Are The 10 Best Places In Nevada…Incline Village Tops Movoto List

These Are The 10 Best Places In Nevada…Incline Village Tops Movoto List

 Incline Village, CA…Every year, millions of people from all over the world flock to Nevada with dreams of striking it rich. What they might not know is that, while they’re crowded around craps tables and rhythmically pulling slot machine levers, there are some 2.7 million people who get to live the Silver State lifestyle 24/7. […]

Former Owner of Hospital Charged in Health Care Fraud Scheme

Former Owner of Hospital Charged in Health Care Fraud Scheme

Santa Ana, CA…The former owner of Pacific Hospital in Long Beach was charged today in a long-running health care fraud scheme that involved tens of millions of dollars in illegal kickbacks in exchange for referrals of thousands of patients who received spinal surgeries. The referrals to the hospital led to more than $500 million in […]

New CalPERS Costs To Be Borne By Local Governments

New CalPERS Costs To Be Borne By Local Governments

Sacramento, CA…Earlier this week, the Board of Directors of the California Public Employees Retirement System (CalPERS) adopted new actuarial assumptions.  These assumptions stem from recent staff reviews of the overall system and needs associated with providing benefits to its members.  The adoption of these new assumptions will result in employer (local government members and the […]

Water Crisis Results From Years Of Inaction Says Farm Bureau

Water Crisis Results From Years Of Inaction Says Farm Bureau

Sacramento, CA….Today’s announcement by the federal Central Valley Project that it will deliver no water to most of its farm customers highlights the lack of investment California has made in new water supplies, according to the president of the California Farm Bureau Federation. CFBF President Paul Wenger said the state has failed to insulate itself […]

Reclamation Announces Initial 2014 Central Valley Project Water Supply Allocation

Reclamation Announces Initial 2014 Central Valley Project Water Supply Allocation

Sacramento, CA…The Bureau of Reclamation today announced the initial 2014 water supply allocation for Central Valley Project agricultural contractors, municipal and industrial contractors and federal refuges. The California Department of Water Resources reports that snowpack and precipitation in the Sierra Nevada are historically low and the snow-water content statewide stands at 29 percent of average […]

Colorado Plans for $99 Million In Marijuana Tax Revenues in FY 2014-15

Colorado Plans for $99 Million In Marijuana Tax Revenues in FY 2014-15

Denver, CO…Gov. John Hickenlooper today released a proposed spending plan for revenues collected as a result of Proposition AA, which voters approved last fall to establish excise and sales taxes on adult-use marijuana. The spending plan calls for $4.5 million in FY 2013-14 and $99 million in FY 2014-15.   “When the voters passed Amendment […]

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