FROM Jeffrey Michael
As Reality of Bankruptcy Hits, Stockton Grapples with Hard Decisions The San Joaquin Valley City of Stockton got the very worst of the foreclosure crisis. Ten percent of Stockton's families lost their homes, business declined and tax revenues dried up. Monday, a federal judge ruled that Stockton was eligible for bankruptcy protection , and last night's city council meeting wasn't over until 2 o'clock this morning. San Bernardino, Compton, San Jose and Watsonville are all watching closely to see what happens to Stockton's pension obligations.
Stockton Files for Bankruptcy: Who's Next? Earlier this week, we heard that the City of Stockton was into mediation with creditors and public unions, but no agreement was reached in time to avoid bankruptcy. Last night, the City Council adopted what it called " a survival budget ," making Stockton the largest American city to seek protection from creditors and unions in US bankruptcy court.
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.
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.