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Chained thinking on the federal deficit
Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month. That's the amount by which benefits for the average...
Tags: Congressional Budget Office, Career and Workplace, Foods and Beverages, Bananas, Retirement
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Lakewood drops Anaheim Canyon, 2-0, at Boras Classic
J.P. Crawford of Lakewood can create havoc on the base paths with his speed. He tries to get on base any way possible, and one way is with a drag bunt that he pulled off with precision on Tuesday in an opening game of the Boras Classic at Mater Dei....
Tags: Politics, Mike Darr, Baseball, Sports
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An honor for Alice Rivlin roils Social Security faithful
Robert M. Ball is one of the most revered figures in Social Security history, a man whose devotion to safeguarding the program from ideological attacks and political cant over six decades made him the program's "undisputed spiritual leader." Alice M....
Tags: Congressional Budget Office, National Government, Social Security, Politics, Career and Workplace
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No debt agreement, no break
With no deal in sight to curb our growing national debt, America is going broke. So what do our representatives in Congress plan to do about it? Take a two-week break. Are they trying to see whether their abysmal 13% approval rating can sink any lower?...
Tags: Budget Control Act of 2011, U.S. Congress, Budgets and Budgeting, Politics, Patty Murray
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Data mixed as manufacturing growth slows, construction picks up
WASHINGTON — Growth in the crucial manufacturing sector unexpectedly slowed in March as companies reported fewer new orders and less production compared with the previous month. The Institute for Supply Management's widely watched purchasing...
Tags: Politics, Machine Manufacturing, Industrial Production, Local Government, Construction
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Why 'chained CPI' works for Social Security [Blowback]
In his March 22 blog post criticizing proposals to switch from the consumer price index to "chained CPI" to determine cost-of-living adjustments for Social Security beneficiaries and other items in the federal budget, Michael Hiltzik claimed that there...
Tags: Congressional Budget Office, Social Security, Politics, Market and Exchange, Personal Income
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The 1% aren't like the rest of us
Over the last two years, President Obama and Congress have put the country on track to reduce projected federal budget deficits by nearly $4 trillion. Yet when that process began, in early 2011, only about 12% of Americans in Gallup polls cited federal...
Tags: U.S. Congress, Social Security, National Government, Unemployment, Politics
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Sequester shenanigans dug Congress into a deeper hole
This post has been corrected. See note at the bottom for details.This week, realizing that government actually does do some things people like, senators in both parties tried to undo some of the damage wrought by the sequester/fiscal cliff debacle. Their efforts were quickly undone, however, by the chronic...Tags: Budget Control Act of 2011, U.S. Congress, National Government, Politics, Republican Party
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LIVE VERDICTS: Bell council members guilty of corruption
L.A. NOWBell corruption trial verdicts: Here is live coverage of the Bell corruption trial verdicts. The Times will update the verdicts as they are read:... -
Unbalanced on budgets
New budget proposals this week from influential members of the House Republican and Senate Democratic leadership are the stuff of political caricatures. House Budget Committee Chairman Paul D. Ryan (R-Wis.), last year's Republican nominee for vice...
Tags: Budgets and Budgeting, Politics, Patty Murray, Republican Party, Paul Ryan
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House GOP proposes austere, balanced budget
WASHINGTON – Reprising austerity themes that define the party, House Republicans unveiled a budget proposal Tuesday that they say would achieve the ambitious goal of balancing in 10 years, but it has no chance of acceptance by Democrats in what is...
Tags: Budget Control Act of 2011, Congressional Budget Office, U.S. Congress, Nursing Homes, Politics
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FAA to close 238 air traffic control towers [Updated]
Twenty-three air traffic control towers in California are among more than 200 nationwide scheduled to close April 7 as the Federal Aviation Administration begins imposing $600 million in federal budget cuts. It was unknown which traffic control towers...
Tags: Budgets and Budgeting, Politics, Air Transportation Industry, Federal Aviation Administration, Los Angeles International Airport
Apr 23, 2013
|Column| Los Angeles Times
Apr 2, 2013
|Column| Los Angeles Times
Mar 27, 2013
|Story| Los Angeles Times
Mar 25, 2013
|Story| Los Angeles Times
Apr 2, 2013
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Apr 2, 2013
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Mar 22, 2013
|Story| Los Angeles Times
Mar 21, 2013
|Story| Los Angeles Times Exclusive
Mar 20, 2013
| Los Angeles Times
Mar 13, 2013
|Story| Los Angeles Times
Mar 12, 2013
|Story| Los Angeles Times
Mar 11, 2013
|Story| Los Angeles Times
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