LA Faces $22M Budget Shortfall If ‘Fiscal Cliff’ Deal Isn’t ReachedLos Angeles could face at least a $22 million shortfall if a deal isn’t reached in Congress by Tuesday to avoid the “fiscal cliff," according to the city’s top budget analyst.
Governor Brown Prepares State Of The State AddressAs he prepares his State of the State address to be delivered Wednesday, Governor Jerry Brown finds himself on the defensive over a number of issues.
California Revenue Up, But Brown Still Pushes Tax HikesGov. 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.
What Do Tax Hikes Cost Californians In A Year?Californians have been paying more on just about everything the past two years, from TV sets to vehicle licenses to income taxes.