FROM Eric Bailey
Family Feud Breaks Out in Speaker's Race The Latino caucus in Sacramento is growing fast, but it's losing its solidarity. Instead of settling their differences in private, three Latino Democrats from Los Angeles are conducting a very public fight with leadership of the State Assembly at stake. A veteran Latino politician says his colleagues are airing their "dirty laundry" in the fight. Can Republicans take advantage?
Start the Presses for the State IOU's The State of California is printing up 28,742 IOU's for $53.3 million. If the state has the money on October 2, they can be redeemed with interest at 3.75%. In the meantime, the California Bankers Association says banks “ may be hesitant ” to accept them. Eric Bailey is in Sacramento for the Los Angeles Times .
Draconian Cuts Necessary to Balance California's Budget Faced with a $21 billion deficit that appears to be rising, Governor Arnold Schwarzenegger has proposed to transform California. Instead of one of the nation's most generous states to the poor, it would be one of the stingiest. Eric Bailey reports from Sacramento for the Los Angeles Times .
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
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.