Which Way, L.A.?
How a Debt Ceiling Deal Would Impact California
Is the debt deal a done deal? That's the big question in Washington, one we might not know until tomorrow. But California gets about 10 percent of all federal spending. That adds up to 40 percent of the state budget. From highways to universities, defense spending to unemployment insurance, cuts may be on the way.
By Warren Olney • • 1 min readIs the debt deal a done deal? That's the big question in Washington, one we might not know until tomorrow. But California gets about 10 percent of all federal spending. That adds up to 40 percent of the state budget. From highways to universities, defense spending to unemployment insurance, cuts may be on the way. Carolyn Lochhead reports from Washington for the San Francisco Chronicle.
