In California, ’Moderate Democrat’ Is an Oxymoron

California taxpayers have nothing to fear from the new Democratic supermajorities in the state Assembly and Senate. That’s the assurance we keep hearing from the political class and interest groups in the Golden State, where Republican legislators are now reduced to irrelevancy and Democrats control two-thirds majorities to pass anything they want.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.