Which Way, L.A.?
Legislators Slash Budget, Cal State System Bleeds
Has California given up on higher education? Is it time to tax medical marijuana? On our rebroadcast of today's To the Point, with the rest of America still mired in the recession, Goldman Sachs has paid back $10 billion in bailout money and announced record profits.
By Warren Olney • • 53m ListenIn 1960, California's Master Plan for Education promised a college education for anybody who qualified. Is it now being abandoned? We talk about funding cuts, furloughs and increases in fees at 23 Cal-State University campuses. What's the potential impact on California's economy? On Reporter's Notebook, is there public money in medical marijuana? On our rebroadcast of today's To the Point, with the rest of America still mired in the recession, Goldman Sachs has paid back $10 billion in bailout money and announced record profits.
In this episode
2 storiesLegislators Slash Budget, Cal State System Bleeds
The 23 Cal-State University campuses serve 450,000 students. That's 100,000 more than a decade ago with $500 million less money. Now, the budget crisis is likely to lead to funding cuts close to $600 million. Chancellor Charles Reed is asking for cuts in enrollment, faculty furloughs and increases in student fees.
Read the story20 minA City Tax on Medical Marijuana?
Because of a legal loophole, the number of medical marijuana dispensaries in the City of Los Angeles has risen into the hundreds. The City Council is trying to reduce that to a manageable number. At the same time, Councilwoman Janice Hahn has suggested that medical marijuana provides an opportunity for taxation in tough times.
Read the story6 min
