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Public Finance

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    May 30, 2012 |Story| AP Member Choice Complete
  1. EU calls for 'banking union' to ease crisis

    The European Union's executive office said the 17-country Eurozone needs a "banking union" that can centrally oversee and — if needed — bail out the sector, which has become a weak link in the continent's financial system. Fears that the cost...

    Tags: Labor Markets, Politics, European Union, Career and Workplace, Employment Opportunities

  2. May 28, 2012 |Column| Los Angeles Times
  3. Park closures just don't pencil out

    SACRAMENTO — For most people, Memorial Day kicks off the vacation season. For Gov. Jerry Brown, however, it is the time to start closing state parks.
    SACRAMENTO — For most people, Memorial Day kicks off the vacation season. For Gov. Jerry Brown, however, it is the time to start closing state parks. That's right. Shut off the water, cart off the privies, lock the gates. Summer's around the...

    Tags: Memorial Day, Politics, State Parks, Regional Authority, Natural Resources

  4. May 23, 2012 | Los Angeles Times
  5. Report: Ending corporate tax breaks would help trim budget deficit

    PolitiCal
    As lawmakers begin to haggle over the state budget, the California Tax Reform Assn. said Wednesday that they need to eliminate $6 billion in tax breaks for large corporations. The association's report said taxing oil production, altering property tax...
  6. May 23, 2012 |Story| Los Angeles Times
  7. Alan Simpson pens scathing letter to 'greedy geezers' retiree group

    WASHINGTON -- Former Sen. Alan Simpson has again unleashed his sharp tongue on critics, this time in the form of a scathing letter that accuses the California Alliance for Retired Americans of being “greedy geezers.”
    WASHINGTON -- Former Sen. Alan Simpson has again unleashed his sharp tongue on critics, this time in the form of a scathing letter that accuses the California Alliance for Retired Americans of being “greedy geezers.” The Oakland-based retiree...

    Tags: Politics, Social Security, Fox News Channel (tv network), Health

  8. May 21, 2012 | Los Angeles Times
  9. Governor, legislators could face pay cut like other state workers

    PolitiCal
    Governor, legislators could face pay cut like other state workers...
  10. May 23, 2012 |Story| Los Angeles Times
  11. Tax hikes, budget cuts could bring recession, budget office warns

    WASHINGTON — The Congressional Budget Office warned that the country could be thrown into a recession if Congress tries to reduce the nation's deficit quickly with a combination of budget cuts and higher taxes scheduled to take place at the end of the year.
    WASHINGTON — The Congressional Budget Office warned that the country could be thrown into a recession if Congress tries to reduce the nation's deficit quickly with a combination of budget cuts and higher taxes scheduled to take place at the end of...

    Tags: Republican Party, Politics, Budgets and Budgeting, The Pentagon, Democratic Party

  12. May 25, 2012 |Story| Los Angeles Times
  13. Would Romney really cut spending on 'Day One'?

    Mitt Romney has a <a href=&quot;http://www.mittromney.com/videos">new ad</a> out, touting what he'll do on his first day as president. "Day One," the narrator intones, "President Romney announces deficit reductions, ending the Obama era of big government."
    Mitt Romney has a new ad out, touting what he'll do on his first day as president. "Day One," the narrator intones, "President Romney announces deficit reductions, ending the Obama era of big government." That’s pretty much what Romney has been...

    Tags: Politics, Budgets and Budgeting, George Washington, Mitchell Landsberg, Barack Obama

  14. May 23, 2012 |Story| Los Angeles Times
  15. Put a lid on debt ceiling debate

    Last year's tussle over increasing the federal debt limit showed Congress at its worst, paralyzed by dueling ideologies and incapable of striking a grand bargain. The eventual compromise by lawmakers and the White House raised the debt ceiling enough to last until the end of 2012 or early 2013, giving voters a chance to shuffle the deck in Washington before the next round of negotiations. House Speaker John A. Boehner (R-Ohio), however, has been calling on Congress to <a href=&quot;http://lat.ms/K9hi59">take up the issue</a> before the election, saying Congress <a href="http://lat.ms/JmsfiO">shouldn't wait</a> He's got a point, but the debt ceiling bill is the wrong place for that debate.
    Last year's tussle over increasing the federal debt limit showed Congress at its worst, paralyzed by dueling ideologies and incapable of striking a grand bargain. The eventual compromise by lawmakers and the White House raised the debt ceiling enough to...

    Tags: U.S. Senate, Republican Party, Politics, U.S. House Committee on the Budget, Medicaid

  16. May 23, 2012 |Story| Los Angeles Times
  17. Can Congress steer us away from the fiscal cliff? Don't bet on it

    Although Mitt Romney wants to focus on jobs and economic growth, the House GOP leadership seems determined to make the coming election a referendum on the federal budget. That's a debate at least some Democrats believe is a winner for them as well: It's an opportunity to talk about Republicans' unwillingness to raise taxes on &quot;millionaires and billionaires." It's also a chance to try to define the Republicans' approach in a newly unflattering way: "austerity."
    Although Mitt Romney wants to focus on jobs and economic growth, the House GOP leadership seems determined to make the coming election a referendum on the federal budget. That's a debate at least some Democrats believe is a winner for them as well: It's...

    Tags: Republican Party, Politics, U.S. House Committee on the Budget, Business, Mitt Romney

  18. May 21, 2012 |Story| Los Angeles Times
  19. Poll: Obama, Romney split on top economic issues

    President Obama beats Mitt Romney on controlling healthcare costs, Romney wins on dealing with the deficit, and they are essentially tied on who can better attack unemployment, according to a new USA Today/Gallup poll that assesses how voters view the two...

    Tags: Republican Party, Polls, Politics, Democratic Party, Parties and Movements

  20. May 25, 2012 |Story| Los Angeles Times
  21. Romney ad: Lots of flash, little substance

    Presumptive GOP nominee Mitt Romney's &quot;Day One" ads, whose second installment was launched this week, do manage to grab its audience by the guts: By focusing on the deficit, unfair Chinese trading practices and job-killing federal regulations (three topics that no doubt ranked high in internal polls of Americans' top economic concerns), Romney aims to solidify his position as the candidate who knows and cares most about economic issues. It's too bad he has so little to say about them. On our relevancy meter, this one is Debatable.
    Presumptive GOP nominee Mitt Romney's "Day One" ads, whose second installment was launched this week, do manage to grab its audience by the guts: By focusing on the deficit, unfair Chinese trading practices and job-killing federal regulations (three...

    Tags: Republican Party, Trade Policy, Politics, China, Media Industry

  22. May 25, 2012 |Story| Los Angeles Times Exclusive
  23. Karl Rove spends $10 million on a smart, mendacious attack ad

    There&rsquo;s a reason George W. Bush called Karl Rove &ldquo;Boy Genius.&rdquo; When it comes to attack ads, no one is smarter.&nbsp;
    There’s a reason George W. Bush called Karl Rove “Boy Genius.” When it comes to attack ads, no one is smarter.  Bush also had another nickname for his chief political guru, “Turd Blossom.” Given the high level of B.S. in...

    Tags: Republican Party, Politics, William Henry Harrison, Karl Rove, Sarah Palin

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