LA Mayor Villaraigosa says he'll veto an early retirement program he once supported. After two days of long, closed-door sessions with a coalition of labor unions, the City Council voted unanimously to keep the idea alive. But, with the city spending a million dollars a day more than it takes in, layoffs and furloughs are more likely than ever.
Facing Huge Shortfall, City Budget Negotiations Continue
Credits
Guests:
- Rick Orlov - Los Angeles Daily News - @Rickorlov
- Barbara Maynard - Californians for Retirement Security
- Jack Humphreville - Department of Water and Power Advocacy Committee - @Jack90020
- Bob Schoonover - President, SEIU Local 721