AirTalk for February 1, 2010
LA's budget crisis
Mark Wilson
money
The Los Angeles City Council is considering as many as a thousand layoffs – and extending mandatory furlough days for city employees – to address a projected $200 million deficit. City Council President Eric Garcetti says he hopes it won’t come to that, but the situation is extremely serious and drastic measures must be taken. Mayor Villaraigosa says there are concessions other than layoffs that could help, such as pay cuts and letting private contractors take over some city services. What proposals are on the table? And can the cash-strapped city avoid bankruptcy?
Guests:
Eric Garcetti, President; LA City Councilman, District 13
Victor Gordo, from the Coalition of LA City Unions


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