Which Way, L.A.?
What California Might Get from the Federal Stimulus Package
Bipartisanship didn't work on Capitol Hill, but the massive stimulus bill passed anyway, as we hear on our rebroadcast of today's To the Point. Also, what California might get from the federal stimulus package and what Sacramento's budget deal will ask of state voters if and when it ever passes.
Bipartisanship didn't work on Capitol Hill, but the massive stimulus bill passed anyway, as we hear on our rebroadcast of today's To the Point. As the budget stalemate continues, layoff notices went out to state workers today and construction projects were shut down. Even if the political deadlock breaks, California's condition is likely to get worse. Any budget deal worked out in Sacramento will have to be ratified by the voters. Will they agree to a spending cap and reverse themselves on school funding, mental health, and the state lottery?
In this episode
3 storiesBarack Obama Goes Back on the Road
The $787 billion stimulus bill passed in less than three weeks of a new, Democratic presidency, with just three votes from Republicans whose party was drubbed in the last two elections. Now that bipartisanship has failed on Capitol Hill, President Obama is taking his signing show on the road with a stimulus signing ceremony today in Denver.
Read the story25 minObama Signs Stimulus Bill, So What Do We Get?
Despite today’s dramatic signing in Denver, it’s not at all clear just who will get what from the $787 billion stimulus package . Rob Hotakainen reports from Washington for the McClatchy Newspapers, including the Sacramento Bee .
Read the story7 minWill a Budget Deal Create More Problems Than It Solves?
Ten thousand state workers and 275 construction projects are the latest casualties of the budget crisis in Sacramento. Lay-off notices and orders to shut down went out today. Meantime, one Republican Senator is still needed to pass a budget with $14 billion in new taxes, $15 billion in spending cuts and $10 billion in borrowing.
Read the story20 min