FROM Mac Taylor
Projected Deficit Is Much Higher than Anticipated Next year's state budget deficit will be $19 billion, as previously predicted, but this year's budget is $6 billion out of balance, making a grand total of $25 billion. That's according to non-partisan California Legislative Analyst Mac Taylor in a report out today.
Budget Gap Is 'Awful,' Legislative Analyst Says Governor Ronald Reagan said he was so opposed to income tax withholding in California that his feet were in concrete. When he finally approved it, he said, "The concrete cracked." Last week the concrete cracked around Governor Schwarzenegger's feet. In addition to spending cuts to help solve the state's fiscal crisis, he called for an increased sales tax and a $12 annual vehicle license fee. Although fellow Republicans in the legislature still insist that's the wrong thing to do, especially in a recession, the non-partisan Legislative Analyst has chimed in, calling the Governor's proposals " credible " but differing over some details.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.
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?