Far West

Though plentiful doubts remain about California's ability to balance its budget, those concerns were no deterrent to bond investors recently.

Seattle’s Highway 99 tunnel project is now expected to only get half of the expected $400 million to pay for construction costs from tolls, according to the Seattle Times.

The Idaho House Revenue and Taxation Committee on Tuesday approved HB 563, a measure that permanently cuts individual and corporate income taxes for top earners.

A 25-year-old San Diego utility customers advocacy group is disbanding in the wake of a federal grand jury investigation into its business practices and leadership.

The Los Angeles City Council on Wednesday approved a diluted version of a bill that would have forced the city to stop doing business with banks that had poor lending records in the city.

Sacramento, Calif., leaders and the owners of the National Basketball Association’s Sacramento Kings announced a tentative deal Monday to build a new arena in the city.

Standard & Poor’s and Moody’s Investors Service further downgraded Stockton, Calif., bonds this week after its City Council voted to delay bond payments and enter negotiations with creditors to try to avoid bankruptcy.

SAN FRANCISCO — The Stockton, Calif., City Council voted Tuesday night to default on payments tied to $330 million of bonds and begin negotiations to try to avoid Chapter 9 bankruptcy.

LOS ANGELES — Officials at Downey Regional Medical Center are probably wondering if five will be their lucky number after the bankrupt Southern California hospital announced the fifth postponement of a planned bond buyback Monday in a disclosure filing.

Transportation Secretary Ray LaHood and House Transportation Committee chairman John Mica traded jabs over the funding of California's high-speed rail project Wednesday, the latest public display of the rift between House Republicans and the Obama administration over the future of American transportation.