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Fiscal Crisis

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Compton Debates 100 Layoffs As Fiscal Crisis Looms

The city of Compton is poised to lay off nearly 100 employees to help plug a gaping budget shortfall, the latest California municipality to grapple with a severe financial crisis.

06/03/2011

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California Revenue Up, But Brown Still Pushes Tax Hikes

Gov. Jerry Brown has released a revised state budget that calls for a 5 percent increase in spending over the plan he released in January but says a renewal of expiring tax increases is still needed to close California’s remaining budget deficit.

05/16/2011

(credit: Justin Sullivan/Getty Images)

Fiscal Crisis Looms Over ‘State Of The State’ Address

Gov. Jerry Brown will deliver his State of the State address Monday amid a grim financial backdrop that prompted him to propose a combination of tax increases and deep spending cuts.

KNX 1070 NEWSRADIO–01/31/2011

(credit: Justin Sullivan/Getty Images)

Fiscal Crisis Looms Over State Of The State Speech

Gov. Jerry Brown will deliver his State of the State address next week amid a grim financial backdrop that prompted him to propose a combination of tax increases and deep spending cuts.

01/25/2011

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