News Releases

News Release | CALPIRG | Financial Reform

Common-Sense Refinancing Options Could Save California Homeowners $5.6 Billion A Year

Data released today by CALPIRG finds that making it easier for homeowners to refinance their mortgages could give consumers more options, save money, and stabilize California’s housing market. In California alone, 1.3 million families could qualify, saving them $5.6 billion a year.

News Release | CALPIRG | Financial Reform

Using mortgage settlement funds in budget could cost CA in the long run

Sacramento, CA—In Governor Brown’s May revision of the budget he proposes spending $292 million of the national mortgage settlement to help fill the state’s budget gap this year, and the remaining $118 million next year. The majority of these funds, $198 million, will go toward paying off general fund bond debt in the current budget.

News Release | CALPIRG | Food

Flawed Farm Bill Heads Towards Senate Floor

CALPIRG urges our U.S. Senators, Barbara Boxer and Dianne Feinstein, to vote no on the 2012 Farm Bill unless it is amended to stop wasteful taxpayer subsidies to large, profitable agribusinesses. At a time of tough budget choices, the last thing we should be doing with our tax dollars, is giving billions to companies that don't need the support.  

News Release | CALPIRG | Democracy

Bill to Ban Certain Gifts to Legislators Approved by State Senate

A bill to prohibit interests who hire lobbyists in Sacramento from giving certain gifts to legislators cleared the State Senate this morning. Over the past decade legislators have received more than $4 million in gifts.

News Release | CALPIRG Education Fund | Consumer Protection, Higher Ed

BANKS SKIM MILLIONS IN FEES FROM STUDENT AID

Banks and other financial firms take advantage of partnerships with colleges and universities, harming students.

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