ARTICLE: Fiscal Storm Brewing in Los Angeles

February 16, 2010

While the weather in L.A. is usually sunny, Reuters News has a stormy forecast for Mayor Villaraigosa. With a $212 million budget shortfall, falling property taxes and 15% unemployment, the mayor is poised to become a lightning rod for city employee unions, who staunchly oppose layoffs and pay cuts for their members.

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Filed Under: News
Tags: Tax Increase, Los Angeles, Unemployment
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