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Rolling Thunder, the annual event where hundreds of thousands of motorcyclists come to the nation's capitol to honor service members killed in action or taken as prisoners of war, will hold its last event in Washington next year.The last ride will be next Memorial Day weekend, on Sunday, May 26, 2019, a spokeswoman for the organizing group confirmed to CNN.Organizers said the costs of putting on the national ride have become prohibitive, with last year's event costing about 0,000 in various related expenses."It was a tough decision for us to make," spokeswoman Nancy Regg told CNN.Instead of the gathering at the nation's capital, there will be regional events organized by various chapters to honor those killed in action or who were prisoners of war, according to the group.Next year will mark the 32nd ride in Washington since the event was first held in 1988. Then-presidential candidate Donald Trump spoke at the gathering in 2016.The riders start at the Pentagon parking lot, ride over a bridge into DC, circle the National Mall and end by the Vietnam Veterans Memorial. 1103
SACRAMENTO, Calif. (AP) — California voters could decide in 2020 whether it should be easier for their local governments to raise taxes and issue bonds for affordable housing, road improvements and other public projects.A constitutional amendment proposed Wednesday would lower how much voter support communities need to raise money for infrastructure projects from two-thirds to 55 percent.Assembly Democrats say the current threshold allows a minority of voters to derail needed projects."These two-thirds thresholds are meant to enable a boisterous minority to impede progress," said Assemblyman Todd Gloria of San Diego.But taxpayer advocates said it would make things more expensive for homeowners in particular because it could lead to more parcel taxes, a flat tax levied on property owners."If this passes it's going to be devastating for property owners," said David Wolfe, legislative director for the Howard Jarvis Taxpayers Association.Constitutional amendments need support from two-thirds of lawmakers to land on the ballot, and the backing of a simple majority of voters to become law.Assemblywoman Cecilia Aguiar-Curry, a Democrat sponsoring the amendment, said she hopes to place it on the November 2020 ballot. That would coincide with the presidential election, which usually draws the highest voter turnout and millions more Democrats than Republicans.It would apply to projects including affordable housing, wastewater treatment, fire and police buildings, parks, public libraries, broadband expansion, hospitals and more.Local governments typically fund those projects through bonds or special taxes, like the parcel tax or a dedicated sales tax.The 55 percent threshold would still be higher than the simple majority communities need to raise general taxes, such as sales taxes not dedicated to special projects.Democrats highlighted projects that have narrowly missed the two-thirds threshold to make their case, such as a recreation center restoration in Millbrae and road repairs in Eureka."I have heard about deteriorating buildings, decrepit community facilities and our extreme lack of affordable housing," said Aguiar-Curry, a former mayor of a small rural California city. "This will empower communities to take action at the local level to improve the economies, neighborhoods and residents' quality of life."But Wolfe, of the taxpayers association, said the list of allowable projects is broad and could lead to a slew of new tax and bond proposals from cities and counties that could saddle taxpayers for years."These are pretty encompassing categories and there's no limit," he said. "You're talking about long-term debt that lasts for decades." 2688
SACRAMENTO, Calif. (AP) — Pacific Gas & Electric's key lenders on Tuesday offered a billion plan to pull the utility out of bankruptcy and give the tarnished company a new name.The proposal filed in U.S. Bankruptcy Court would set aside up to billion of that billion to pay claims on the 2017 and 2018 wildfires caused by PG&E equipment, the Sacramento Bee reported.The plan offered by PG&E's leading bondholders would compete with an alternative that the newspaper says is being drafted by PG&E. Normally the company in bankruptcy has first crack at proposing an exit plan, but the bondholders said in a court filing that they filed their plan because PG&E has "wasted crucial time needlessly."The bondholders also want to rebrand PG&E as Golden State Power Light & Gas Company.Asked about the bondholders' plan, the utility said in a statement that it was considering all options as it navigates the bankruptcy process.The new proposal came four days after Gov. Gavin Newsom, a Democrat, floated the idea of a billion package to deal with the costs of future wildfires, paid for by ratepayers and shareholders of PG&E and the other two big electric utilities in California.Newsom's plan does not offer any cash for PG&E's existing liabilities but would revise state law to give utilities more certainty about recovering costs from ratepayers — enough stability that Newsom believes will allow PG&E to borrow the money it needs to pay existing claims, according to the Bee.The bondholders include some of the biggest investors on Wall Street, including Elliott Management, Pimco and Apollo Global Management. They have been quietly promoting a PG&E restructuring plan for weeks in conversations with legislators, Newsom's aides and others. Tuesday's court filing marks the first time they have taken the proposal public."Substantial new capital must be infused into the company," the bondholders said in their court filing.The governor's office had no immediate comment on the bondholders' proposal.Like Newsom's plan, the proposal is "ratepayer neutral" — meaning, customer rates would not go up to pay the costs of getting PG&E out of bankruptcy.But ratepayers would pay: The plan calls for a .50 monthly charge, a feature of PG&E bills since the 2001 energy crisis, to be extended for several years to help raise dollars for a wildfire insurance fund proposed by Newsom last week. That fund would help pay claims for future fires.___Information from: The Sacramento Bee, http://www.sacbee.com 2574
SACRAMENTO, Calif. (AP) — A baby blue bus rolls up to a Sacramento child care center, and out comes Lt. Gov. Gavin Newsom clad in a black cape, a Batman mask obscuring half his face and an Orange plastic jack-o'-lantern in one hand."The things we do for votes," says Newsom, a Democrat and the front-runner in Tuesday's election for California governor, before handing out Halloween candy to a shark, a Batman, a fire man, a princess and a variety of Disney characters.Rounding up votes is the singular focus for Newsom and his Republican rival, businessman John Cox as they make a final push to win over undecided voters and ensure their supporters cast a ballot.Both are rolling through the state in brightly colored buses, stopping for selfies and rallying their party's faithful in California's major media markets."It's nice seeing (politicians) acting like regular people, seeing the human side" said Denae Pruner, a 33-year-old state worker in Sacramento, said as Newsom handed out candy Wednesday. Her 1-year-old daughter dressed as an angel squirmed in her arms.With much of the nation gripped by the fight for control of the U.S. House, so too are the candidates for governor in a race that's often taken a backseat to the congressional races that will determine whether Democrats gain the power to investigate President Donald Trump and thwart his legislation.The Newsom and Cox campaigns are both steering their buses toward the state's most hotly contested congressional districts in Southern California and the Central Valley to campaign with the candidates there.Cox began his final push Thursday with an early morning interview with a conservative radio host in Sacramento. Without the money to match Newsom's avalanche of television ads, Cox is looking for free opportunities to reach his supporters.He expressed confidence, despite polls showing him with a double-digit deficit. As people get to know him, he said, they'll like what they see."People are ready for change," he told reporters outside the radio station before hopping on his lime-green bus for a trip to Vallejo, then Santa Barbara.For his closing argument, he's sticking with a message he's been hammering for months — California is too expensive, and it's the fault of politicians and interest groups invested in keeping it that way."The cost of living has just been so elevated by the political class that people can't afford it," Cox said told reporters.For Newsom, the final pitch is focused on educating children in the first three years of life and on his pledge to stand up to Trump. He's has largely ignored his rival, focusing his attacks on the president.When he was done handing out candy Wednesday, it was time to the talk to the press. Newsom removed his mask and changed from a Batman T-shirt to a pressed shirt and blue coat, the costume of a politician. He wasn't keen on the television image of him talking about the serious issues confronting California while dressed like a superhero."A bully calls you out, you gotta push back," he said of Trump. "We don't have to be navel gazing. We're not a small isolated state. This is California."Despite his pricey proposals, from universal health care to a big boost in spending for early-childhood education, he insisted he'll maintain the fiscal discipline for which outgoing Gov. Jerry Brown is known."I'm not profligate," he said repeatedly. "I'm committed to prioritizing."Cox scoffed at that idea, saying the state already has a bloated budget."The people of this state want change, they want an end to tax and spend," he said. "They want a chance to have a nice house and that's what I'm going to be talking about."Polling has showed Newsom with a comfortable lead — 49 percent to 38 percent in a Public Policy Institute of California survey last month, with a 3.6 point margin of error. He's also in much better shape to reach voters, with a whopping million in the bank on Oct. 20, compared with Cox's 0,000, according to their most recent campaign finance reports.Cox is targeting cable television, online streaming services and radio. He's also done a number of one-on-one interviews with local television stations.An independent group — whose donors include Los Angeles developer Geoff Palmer, venture capitalist Floyd Kvamme and his wife, Jean Kvamme — has bought digital ads with inflammatory messages. One criticizing a San Francisco needle exchange program ends, "Gavin Newsom for Governor? Are you on crack?" 4484
Russia's Deputy Prime Minister ridiculed US President Donald Trump's Twitter diplomacy on Friday, saying that international relations should not depend any individual's frame of mind in the morning."We cannot depend on the mood of someone on the other side of the ocean when he wakes up," Arkady Dvorkovich said, according to the state-run news agency RIA Novosti. While he did not specifically name Trump, the US President has threatened military action against Syria in early morning tweets this week.As the US considers its response to a suspected chemical attack in Syria at the weekend, Trump's threats against Syria and Russia have been made almost entirely on Twitter. 683