Which Way, L.A.?
A Light at the End of the Budget Tunnel
The biggest losers in California's budget compromise are local governments as Proposition 13 strikes again. But will enough Democrats and Republicans go along? In LA, city workers agree to save money and protect jobs. On our rebroadcast of today's To the Point, the President has answers tonight about healthcare reform, but tomorrow a lot of questions will still remain.
By Warren Olney • • 53m ListenPublic unions have agreed to a deal that could save the City of LA big money. Also, the latest from Sacramento. Can the Governor and legislative leaders get the votes they need for a fragile compromise? Why does Proposition 13 bring more bad news for local government? On our rebroadcast of today's To the Point, the President will have answers tonight about healthcare reform, but tomorrow a lot of questions will still remain. What are the hardest choices that will have to be made? Does cost control mean rationing?
Banner image: California Assembly Speaker Karen Bass (L) and Senate President Pro Tem Darrell Steinberg speak to reporters after legislative leaders and Governor Arnold Schwarzenegger reached a budget deal Monday to close California's $26 billion budget gap. Photo: Max Whittaker/Getty Images
In this episode
3 storiesDoes Healthcare Reform Face an Endless Summer?
President Obama held a news conference tonight, and tomorrow he'll go back on the road with his campaign for health care reform. What's happened to his hope that Congress would act before the August recess less than two weeks from now?
Read the story28 minCity-Labor Deal
Los Angeles City workers have voted unanimously to defer pay raises and increase pension contributions , a move that could save the city big money. LA is facing a budget deficit of $530 million. Matt Szabo is senior press secretary for Mayor Villaraigosa.
Read the story6 minA Light at the End of the Budget Tunnel
The Governor and legislative leaders worked out a $26 billion compromise Monday, but it was unclear if enough Democrats and Republicans would go along. Yesterday, GOP leaders said they’d been "double-crossed" on releasing some 27,000 prisoners from crowded state institutions.
Read the story20 min
