Get ready for the smack talk as Yahoo is launching a fantasy football competition among 11 U.S. mayors.
Former NBA star Kevin Johnson, who is now mayor of Sacramento, is among the competitors in the head-to-head league. The mayors will compete weekly based on the statistics of National Football League players they draft. Other mayors involved are from [...]

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AP – Officials say there’s no guarantee that California’s budget troubles are over for now, even after state lawmakers approved a complex package of spending cuts, raids on local government funding and accounting maneuvers to fill a gigantic budget deficit.

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AP – The deal to close California’s $26 billion budget deficit included a plan to drill for offshore oil, drawing allegations that the fiscal crisis was used for a backroom deal following rejection of the idea by state regulators earlier this year.

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AP – Gov. Arnold Schwarzenegger and California’s legislative leaders agreed Monday on a plan to close the state’s $26 billion budget shortfall, potentially getting the state back on firm financial ground so it can stop issuing IOUs.

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AP – Against a backdrop of IOUs and expanding government furloughs, Gov. Arnold Schwarzenegger and legislative leaders expressed optimism Saturday that they were moving toward a compromise that could end California’s fiscal calamity.

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