Which Way, L.A.?

Red Ink, Budget Cuts and Tax Loopholes

The state deficit has gone from 14 to 16 billion dollars. Neither Democrats nor Republicans like Governor Schwarzenegger’s budget, which would cut almost 5 billion from education alone. On Reporter’s Notebook, 48 state parks are slated for closure—at a savings of 13 million. We’ll hear from the campaign to keep them open.