Stockton Faces Deadline on Bankruptcy
Today is the deadline for Stockton to ink a deal with 18 major creditors to avoid municipal bankruptcy. Stockton would be the largest city ever to file for bankruptcy in the U.S., if it comes to that.
Bill Would Ban VoIP Regulation
Budget battles have taken top billing in Sacramento, but a bunch of other bills are moving on to the governor's desk this week. One of them would ban California from regulating voice-over-Internet phone service (VoIP). The bill sailed through the state Senate in May. It has the support of AT&T, Verizon, cable TV companies and a coalition of Silicon Valley stalwarts -- but consumer advocates have their doubts.