FROM Michael Manville
A possible sales tax hike and the future of LA transit Los Angeles County Supervisors unanimously voted to place a half-cent sales tax on the November ballot . The tax is aimed at making it easier to get around southern California, by generating at least $860 million per year for the county’s light rail network and other transit projects. The tax would continue to fund Metro projects indefinitely. And it needs a two-thirds vote to pass – a hurdle that concerns mass transit proponents, particularly because the ballot will be crowded with other tax initiatives for voters to decide on. Will voters be willing to approve a tax hike without an expiration date? And if so, how much will the proposed transit projects actually alleviate traffic in Los Angeles?
Parking Tickets as a Moneymaking Tool The City of Long Beach has decided to make its parking rules less insane. Currently, street sweeping restrictions start at 4 a.m. , which means getting up before dawn to move your car. These restrictions led to plenty of tickets and plenty of cash in the city coffers. Parking tickets are one of the most reliable fundraising tools a city has, but definitely not the best.
RIFT, A Fight Against Traffic, Creates Rift in Santa Monica Santa Monica is a city of 85,000 people that doubles in size with commuters during business hours. Traffic congestion is changing the nature of the city itself, but growth continues. Now the voters are faced with a measure on the November called RIFT, which stands for Residents Initiative to Fight Traffic. Supporters took just 10 days to raise 10,000 signatures, almost twice the number they needed. RIFT would fight traffic by limiting commercial development.
Previewing James Comey's blockbuster testimony Former FBI director James Comey testifies Thursday in front of the Senate Intelligence Committee, but his opening statement has been released. In it, he says he felt pressured by Donald Trump to declare loyalty to him and publicly clear him of any wrongdoing in the Russia investigation.
Industry insights and lessons learned from memorable guests We have interesting guests on The Business, and sometimes our conversations are too long to fit into one show. This week we give you stories that were too good to leave on the cutting room floor, including some sharp insights on making it in the industry from David Mandel, David Simon, Shawn Levy and Matt Reeves.
Gov. Jerry Brown: California and China will fight climate change together President Donald Trump reportedly wants the U.S. to withdraw from the Paris Climate Accord, and he’s expected to announce a decision soon. California Governor Jerry Brown heads to China to strengthen climate and clean energy ties.
Why is Trump so behind on filling staff jobs, establishing concrete policies? Yesterday Donald Trump signed a “decision memo” to revamp the air traffic control system. But there was little legislative detail in the plan. There’s not much to other splashy announcements from the White House, including tax cuts and the arms deal with Saudi Arabia. And hundreds of positions are unfilled in federal agencies.