That's grown from $9.2 billion. The $16 billion is in projected spending, and that would be more than the money that could come in. Gov. Jerry Brown is expected to talk about the details later today.

Hercules, Calif. was on the brink of bankruptcy. So the town made major sacrifices to stay solvent.

This past weekend, Hollywood hosted a fundraiser for the California state parks. It’s not just left-leaning Hollywood altruism. Many directors and studios film for cheap in the parks.

For the first time in six years, a cow in the U.S. has tested for so-called mad cow disease. While officials say the dairy cow identified in California at no time entered the food supply, the price of cattle futures has moved sharply downward.

California is planning to close one quarter of its state parks, but if volunteer Carolyn Schoff has her way, Pio Pico Park won't be one of them.

The California Supreme Court has ruled that while employers have to offer workers a lunch break, they don't have to make sure employees actually take a lunch break.

It's possible America's busiest ports may not stay busy. Southern California currently receives most of the imports shipped from Asia. But that could change with a major expansion of the Panama Canal.

California is looking forward to both the Yelp and Facebook IPOs in the near future. One analyst estimated it could bring as much as $2.5 billion to the financially struggling state.

The Golden State didn't collect as much income tax from wealthy residents as it had predicted.

Los Angeles is on the agenda for Chinese Vice President Xi Jinping's U.S. visit. California and China have multiple ties, and this visit could set a standard for future negotiations.