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.
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.
In this episode
2 storiesAnti-tax Governor Considers Closing Tax Loopholes
In January, with a 14 billion dollar deficit, Governor Schwarzenegger proposed a 10% cut in spending across the board including almost 5 billion from schools. Now the deficit is estimated at 16 billion by the Legislative Analyst, Elizabeth Hill.
Read the story20 minCampaign to Stop Closure of the State Parks
The Governor’s proposal would save 13 million dollars by closing 48 State Parks .
Read the story4 min