The City of Los Angeles faces a record shortfall of $530 million. Mayor Villaraigosa won't produce his new budget for two weeks, but he's telling city workers that, if they don't make some concessions, it'll cost them 2800 jobs. He's prepared a videotaped message to members of municipal unions that proposes three cost-saving options.
Looming Budget Troubles in Los Angeles
Credits
Guests:
- Matt Szabo - Deputy Chief of Staff to Mayor Villaraigosa
- Barbara Maynard - Californians for Retirement Security
- Paul Weber - President, Los Angeles Police Protective League