The lack of a state budget means IOU's instead of state money for counties to provide human services. We hear how they're responding, and we talk to LA Mayor Villaraigosa. On our rebroadcast of today's To the Point, George W. Bush spent $350 billion taxpayer dollars to rescue financial institutions. Barack Obama wants up to a trillion more. We hear how Treasury Secretary Tim Geithner describes the program. Will there be accountability this time?
Water, Water Everywhere, but Most Runs Down the Drain
From this Episode:
The Obama Financial Bailout: Change or More of the Same?
Treasury Secretary Tim Geithner's speech on economic recovery was delayed for a day so President Obama could build support for the stimulus plan . Today, Geithner got...
24 min, 49 sec
Dear California Counties, IOU
California's 58 counties depend on the state to provide services, many of which are mandated by Sacramento. But Governor Schwarzenegger and the legislature still haven't...
8 min, 39 sec