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Public Finance

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    Jun 2, 2013 |Column| Los Angeles Times
  1. McManus: 'Tea party' tempest brewing

    The "tea party" is back and is brewing trouble for the Republican establishment.
    The "tea party" is back and is brewing trouble for the Republican establishment. After the GOP debacle in the 2012 election, when Republicans not only failed to win the presidency but blew a chance to take over the Senate, party leaders paused to...

    Tags: White House, Elections, Parties and Movements, Productivity, U.S. Senate

  2. Jun 3, 2013 |Story| AP Member Choice Complete
  3. Roger Federer stumbles but doesn't fall at French Open

    PARIS — Chasing a shot, Roger Federer caught his right shoe in Roland Garros' red clay, twisting that foot awkwardly and tumbling to the ground.
    PARIS — Chasing a shot, Roger Federer caught his right shoe in Roland Garros' red clay, twisting that foot awkwardly and tumbling to the ground. Soon enough, he was in a real rut, in danger of his earliest exit from a Grand Slam tournament in...

    Tags: Angelique Kerber, Novak Djokovic, France, U.S. Open (tennis), Viktor Troicki

  4. May 28, 2013 |Story| Los Angeles Times
  5. Live discussion: Dodgers, Angels showing signs of life?

    <iframe width="580" height="385" src="http://www.youtube.com/embed/xZhPjdxu5es" frameborder="0" allowfullscreen></iframe>
      Join Times Dodgers writer Dylan Hernandez and Angels writer Mike DiGiovanna today at 11:30 a.m. as they discuss their respective teams in a live video chat. The two teams are currently in the midst of a four-game series against each other, with...

    Tags: Zack Greinke, Los Angeles Angels of Anaheim, Los Angeles Dodgers, Juan Uribe, Adrian Gonzalez

  6. May 30, 2013 |Story| Los Angeles Times
  7. Economy grew at 2.4% annual rate in first quarter

    WASHINGTON -- The U.S. economy expanded at a slightly slower pace in the first three months of the year than originally estimated, as steeper government spending cutbacks and reduced private investment dragged on growth. The Commerce Department on...

    Tags: Smithfield Foods, Politics

  8. May 31, 2013 |Story| Los Angeles Times
  9. Debating just how long to wait before fixing Social Security

    The trustees overseeing the finances of Social Security and Medicare issued their latest <a href="http://www.ssa.gov/oact/trsum/">report</a> Friday, declaring that a) the Social Security Trust Fund is expected to run out of money in 2035, the same estimate as last year; b) Medicare's hospital trust fund is expected to run out of money in 2026, a two-year improvement over last year's estimate; and c) the Disability Insurance Trust Fund is expected to run out of money in 2016, just as projected last year.
    The trustees overseeing the finances of Social Security and Medicare issued their latest report Friday, declaring that a) the Social Security Trust Fund is expected to run out of money in 2035, the same estimate as last year; b) Medicare's hospital...

    Tags: Insurance, Health Insurance, Crime, Law and Justice, Credit Ratings, Physical Disabilities

  10. May 14, 2013 |Story| Los Angeles Times
  11. Federal deficit shrinks at surprising rate

    WASHINGTON &mdash; The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the <a href="http://www.cbo.gov/publication/44172">Congressional Budget Office said</a> Tuesday in a report that could strengthen the Obama administration's hand in the budget battles with congressional Republicans.
    WASHINGTON — The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama...

    Tags: Economic Indicator, Debt Market, Elections, Fiscal Cliff, Republican Party

  12. May 27, 2013 |Story| Los Angeles Times
  13. Dodgers are good to the last gaffe in 8-7 win over Angels

    Adrian Gonzalez said the Dodgers' 8-7 victory over the Angels on Monday night could change the course of the season. Manager Don Mattingly was also hopeful that would be the case.
    Adrian Gonzalez said the Dodgers' 8-7 victory over the Angels on Monday night could change the course of the season. Manager Don Mattingly was also hopeful that would be the case. "That," Mattingly said, "was a good game." The source of the sudden...

    Tags: Los Angeles Dodgers, Matt Kemp, Adrian Gonzalez, Matt Guerrier, Josh Hamilton

  14. May 22, 2013 |Column| Los Angeles Times
  15. The bottom line: It's time to restore dental care for the poor

    SACRAMENTO &mdash; State Capitol politicians may have an extra $3.2 billion to play with. Or they may not.
    SACRAMENTO — State Capitol politicians may have an extra $3.2 billion to play with. Or they may not. It depends on whose figures you believe: nonpartisan Legislative Analyst Mac Taylor's or contrarian Gov. Jerry Brown's. I tend to have more...

    Tags: Darrell Steinberg, Government, Budgets and Budgeting, Unemployment Benefits, Bill Emmerson

  16. May 8, 2013 |Story| Los Angeles Times
  17. The wrong way for Washington to avoid defaulting

    It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what <a href="http://www.whitehouse.gov/sites/default/files/omb/legislative/sap/113/saphr807r_20130507.pdf">happened</a> Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by California Rep. Tom McClintock (R-Rocklin), which the House is expected to take up this week.
    It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what happened Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by...

    Tags: White House, Elections, Budgets and Budgeting, George W. Bush, Financial Markets

  18. May 7, 2013 |Story| Los Angeles Times
  19. First, fix the tax code

    The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and Means Committee <a href="http://lat.ms/18q649d">reportedly</a> want something new in return for raising the limit: an agreement to simplify the tax code and reduce rates. Lawmakers should know by now that it's self-destructive to play games with the debt ceiling, and that the brinkmanship that characterizes contemporary Washington politics needs to stop. On the other hand, reforming the tax code is a goal both parties can and should embrace.
    The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and...

    Tags: U.S. House Committee on Ways and Means, Republican Party, Energy Saving, Budgets and Budgeting, Barack Obama

  20. Mar 29, 2013 |Story| Los Angeles Times
  21. MOCA donations declined $270,000 in 2011-12

    Donations, the main financial power source for art museums, dropped again in 2011-12 at L.A.'s Museum of Contemporary Art, marking declines in each of the first two years of Jeffrey Deitch's tenure as museum director.
    Donations, the main financial power source for art museums, dropped again in 2011-12 at L.A.'s Museum of Contemporary Art, marking declines in each of the first two years of Jeffrey Deitch's tenure as museum director. This time, the fall — a $270,...

    Tags: The Museum of Contemporary Art, Los Angeles, Manufacturing and Engineering, Arts and Culture, Accounting and Auditing, Finance

  22. Apr 5, 2013 |Story| Los Angeles Times
  23. To create jobs, the U.S. must spend

    Just before the congressional spring break, a Senate budget proposal to decrease, but not eliminate, the deficit over 10 years was denounced as "pro debt" by an Alabama senator. It was the kind of proud and loud anti-deficit rhetoric that, no matter how nonsensical, plays nicely into Washington group-think on the subject.
    Just before the congressional spring break, a Senate budget proposal to decrease, but not eliminate, the deficit over 10 years was denounced as "pro debt" by an Alabama senator. It was the kind of proud and loud anti-deficit rhetoric that, no matter how...

    Tags: Economic Indicator, Labor Markets, National Government, Employment, Unemployment

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