Foreclosures are sharply up in California, and worries about municipal bankruptcies are also rising.
Home prices in California are trending upward once again. But that has yet to translate into positive news for the state budget.
Expect to hear a lot about the numbers 30 through 40 in the coming months. Those are the numbers assigned to the ballot measures California voters are being asked to decide in November.
A clear majority of California voters support President Obama, even as they worry about the state of the nation. Also, high speed rail for the state gets a key green light.
The California State Senate is expected to decide the fate of the high speed rail project in the central corridor today. Meanwhile fire officials remain tense as the risk of a major blaze continues to mount.