Which Way, L.A.?
Will the Recession Push State Governments to Shut Down?
The recession is wreaking havoc with state governments all over the country by vastly reducing the revenues they depend on from taxes on property, sales and income. Last night, Illinois, Pennsylvania, Connecticut , North Carolina , Ohio and California failed to pass balanced budgets by the start of the fiscal year.
By Warren Olney • • 1 min readThe recession is wreaking havoc with state governments all over the country by vastly reducing the revenues they depend on from taxes on property, sales and income. Last night, Illinois, Pennsylvania, Connecticut, North Carolina, Ohio and California failed to pass balanced budgets by the start of the fiscal year.
The full episode
1 of 3
Breaking California's Bank- 0:00Will the Recession Push State Governments to Shut Down?You’re reading this
- 28:21Today's Repercussions from Last Night's Failure in Sacramento
- 46:48LA County's Half-Cent Sales Tax Takes Effect
Warren Olney
former KCRW broadcaster
Katie Cooper
Producer, 'One year Later'
Andrea Brody
Senior Producer, KCRW's Life Examined and To the Point podcast
Steve Fehr
Reporter, Stateline.org
Evan Halper
staff writer at Washington Post
Jerry Nickelsburg
economics professor and director of the UCLA Anderson Forecast
The full episode
1 of 3Breaking California's Bank- 0:00Will the Recession Push State Governments to Shut Down?You’re reading this
- 28:21Today's Repercussions from Last Night's Failure in Sacramento
- 46:48LA County's Half-Cent Sales Tax Takes Effect