29_35x90 knx_35x90

Deficit

government_money_generic

Calif. Legislature Passes $96.3B Democratic Budget

SACRAMENTO (AP) — California’s Legislature has passed the state’s massive spending plan amid sharp divisions over whether the Democratic budget will further the state’s recovery or eventually return it to the multibillion-dollar deficits common during […]

06/14/2013

(credit: Frazer Harrison/Getty Images)

LA Panel To Tackle Ballooning Budget Deficit

The “Los Angeles 2020 Commission” will be tasked with offering solutions for a projected $165 million deficit for the next fiscal year beginning in July.

03/28/2013

(credit: Getty Images)

Brown Says It’s The First Time In Years Lawmakers Won’t Need To Make Massive Cuts

Riding a wave of new tax revenue, California’s spending plan for the coming fiscal year will rise by nearly $5 billion, a powerful indication that the state that came to symbolize fiscal mismanagement during the heart of the recession is emerging into brighter days.

01/10/2013

LAFD

Rural Homeowners Fight Back Against Calif. Fire Prevention ‘Tax’

An estimated 800,000 homeowners will be asked to pay as much as $150 per each rural property annually to fund firefighting efforts amid what Sacramento is calling an increased wildfire risk.

08/13/2012

Mitt Romney and Paul Ryan (Photo by Chip Somodevilla/Getty Images)

Opinion: Romney Tries To Reboot Losing Campaign With Ryan Pick

After months of failing to find a way to gain ground in the presidential campaign, Mitt Romney has hit the reset button by picking Paul Ryan as his running mate, but once the dust has settled and the Conventions are over, it is hard to see how Romney will have changed the direction of the 2012 presidential campaign.

08/13/2012

high fructose corn syrup soft drink

Red Ink Behind Proposed ‘Soda Tax’ In Baldwin Park

The Baldwin Park City Council is looking to neighboring El Monte for inspiration on a proposed tax on sodas and other sugary drinks.

08/01/2012

(Photo credit: ROBYN BECK/AFP/Getty Images)

LA City Council OKs $5 Parking Fine Hikes

Critics fear the vote to raise parking fines as high as $93 could disproportionately impact lower-income residents of high-density neighborhoods.

07/03/2012

(credit: Getty Images)

On-Time State Budget Carries Risky Assumptions

California lawmakers may have passed a budget on time to get paid, but their plan to close a $15.7 billion shortfall carries a big risk on the assumption that voters will approve Gov. Jerry Brown’s tax increase this fall.

06/16/2012

California Governor Jerry Brown (C) waves to the crowd before delivering the State of the State address as Speaker of the Assembly John Perez (L) and Senate President Pro Tem Darrell Steinberg (R) look on at the California State Capitol.  (credit: Justin Sullivan/Getty Images)

Lawmakers Risk Losing Pay Ahead Of Vote On Calif. Budget Deficit

Lawmakers in Sacramento were scrambling on Wednesday to patch together a state budget proposal ahead of a deadline for the legislature to pass a new fiscal plan.

KNX 1070 NEWSRADIO–06/13/2012

(credit: Justin Sullivan/Getty Images)

California Pushing More Welfare Recipients To Work

Gov. Jerry Brown wants to shift the safety net protecting California’s neediest residents.

06/10/2012

(credit: Getty Images)

LA To Hire Hundreds Of Parking Enforcement Personnel In Meter Crackdown

Next time you park your car anywhere in Los Angeles, make sure you carry some change to feed the meter or you could end up coughing up big bucks.

KNX 1070 NEWSRADIO–05/18/2012

(credit: Justin Sullivan/Getty Images)

Jerry Brown Pitches Plan To Fix’s California’s $16B Budget Deficit

Gov. Jerry Brown is expected to arrive in Los Angeles Monday afternoon to pitch his plan to fix the state’s budget deficit.

CBS2 / KCAL9–05/14/2012

(credit: Image Source/Getty Images)

Proposed Hike Would Push Parking Fines Up Nearly Double From ’05

A proposed increase in parking fines could end up costing taxpayers nearly twice as much as they paid when Mayor Villaraigosa first took office.

CBS Los Angeles–05/08/2012

(credit: CBS)

Villaraigosa To Call For Layoffs Of City Workers

Mayor Antonio Villaraigosa announced Thursday that he will call for layoffs of city workers as part of his budget next month, but wouldn’t specify how many jobs would be slashed.

03/29/2012

(credit: David McNew/Getty Images)

Red Ink To Stain LA Plan To Delay $100M In OT Pay, Wage Hikes

Mayoral contenders and bloggers alike are blasting City Hall for a recent wave of cost-cutting measures that they say could eventually backfire.

KNX 1070 NEWSRADIO–01/03/2012

more

Follow

Get every new post delivered to your Inbox.

Join 2,346 other followers