Take Two for November 12, 2012

What will the fiscal cliff mean for California?

Brendan Hoffman/Getty Images

File: Sen. Dianne Feinstein (D-CA) questions witnesses at a hearing on Capitol Hill on March 30, 2011 in Washington, D.C.

When it come to the fiscal cliff, it's California that's peering over the edge. A report by George Mason University shows our state will lose over 225,000 jobs through the end of next year if Congress doesn't act.

That's more than anywhere else in the nation, and the gross state product will shrink by $22.6 billion. As we look down off that cliff, what specific parts of the state would be hurt the most?

Kimberly Ritter is an economist for the Los Angeles County Economic Development Corporation.


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