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    Back to Which Way, L.A.?

    Which Way, L.A.?

    California Is Quickly Running Out of Cash

    In Sacramento, there's still no indication that the Governor and the Legislature have completed this year's budget, much less determined how to overcome a $40 billion deficit over the next 18 months. But the bad news keeps on coming. Today, the Legislative analyst said IOU's may have to be issued in just three weeks.

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    By Warren Olney • May 12, 2014 • 1 min read

    In Sacramento, there's still no indication that the Governor and the Legislature have completed this year's budget, much less determined how to overcome a $40 billion deficit over the next 18 months. But the bad news keeps on coming. Today, the Legislative analyst said IOU's may have to be issued in just three weeks. Michael Cohen is Deputy Legislative Analyst.

    The full episode

    4 of 4
    Decreased Port Traffic Signals Increased Economic Weakness
    1. 1:25Prosecuting the Bush Administration for Possible War Crimes
    2. 28:20BART Officer Charged with Murder in Shooting
    3. 36:04Decreased Port Traffic Signals Increased Economic Weakness
    4. 46:55California Is Quickly Running Out of CashYou’re reading this
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

      Sonya Geis

      Senior Managing Editor

    • KCRW placeholder

      Andrea Brody

      Senior Producer, KCRW's Life Examined and To the Point podcast

    • KCRW placeholder

      Michael Cohen

      California Legislative Analyst's Office

      News

    The full episode

    4 of 4
    Decreased Port Traffic Signals Increased Economic Weakness
    1. 1:25Prosecuting the Bush Administration for Possible War Crimes
    2. 28:20BART Officer Charged with Murder in Shooting
    3. 36:04Decreased Port Traffic Signals Increased Economic Weakness
    4. 46:55California Is Quickly Running Out of CashYou’re reading this
    Back to Which Way, L.A.?