Surprise, surprise. The Los Angeles City Council on Friday put off a vote on the city's budget for the fiscal year that starts July 1, opting instead to issue dire warnings while threatening to finally make a move on Monday that could result in hundreds of job cuts.
City Hall is facing $585 ... More >>
We've been snickering about it for quite sometime, but the Los Angeles City Council's feet-dragging distaste for all things budgetary (the city is now looking to pare down a $585 million deficit) seems to be inspiring more-and-more late-night-style quips.
The latest (and perhaps greatest) co ... More >>
NewsweekFiscal conservative and widely read author George F. Will is comparing the city of Los Angeles' economic situation to that of Greece, the debt-ridden European Union nation that many believed touched off last week's roller-coaster stock-market ride. Will makes his comments in a piece f ... More >>