FROM Bruce Baltin
Are Hotels in Downtown LA Getting Taxpayer Money for Free? The LA Times reports that two building inspectors have been arrested and a federal grand jury has issued subpoenas seeking personnel records of at least 11 current and former employees. David Zahniser co-wrote the story. He also wrote a Times' story about tax breaks for massive hotels in booming downtown Los Angeles. J.W. Marriot, which opened last year, is reportedly doing well enough to produce some much-needed city revenue in a cash-strapped city. But the Anshutz Entertainment Group, AEG, will be able to keep some $270 million in taxes through 2035. Combined with two other such deals, the city could end up giving away $640 million in the next 30 years. The Mayor and City Council approved the subsidies after analysis by PKF Consulting , which calls them "incentives" and says they're common where they will stimulate new business.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.