As Los Angeles' credit rating gets a downgrade, we look at Mayor Villaraigosa’s plan to save money by cutting the staff for Neighborhood Councils. Unemployment, bank bailouts and government gridlock have created a nightmare scenario for the party in power. On our rebroadcast of today's To the Point, will the Democrats lose control of either the House or the Senate in this mid-term election year? Is Republican Scott Brown really bipartisan? Is Barbara Boxer in trouble?
FROM THIS EPISODE
Last month, when the Wall Street Journal and NBC News asked voters which party they liked best, Democrats and Republicans tied with 41% each. That's a change from the pattern of recent years, when Democrats have come out ahead in so-called "generic" polls. Among voters most intensely interested in this year's midterm elections, Republicans this time around had a 15-point lead.
Jennifer Duffy, Cook Political Report (@jennifereduffy)
Dana Milbank, Washington Post (@Milbank)
Jerry Roberts, CalBuzz.com
Tom Davis, former Congressman (R-VA)
David Corn, Mother Jones magazine (@DavidCornDC)
First it was Moody's, which put the City of Los Angeles on its negative watch list. Today, Standard & Poor's downgraded LA's credit rating from AA to AA-minus. That means it'll cost millions of dollars more to operate on borrowed money. Mayor Villaraigosa is trying to cut costs, and one target has been the Department of Neighborhood Empowerment. DONE provides support for Neighborhood Councils, and some Council leaders are concerned that elected officials are trying to gut the city's experiment in grassroots democracy.