Tentative Budget Deal Reached

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Word of a budget deal in Sacramento includes these numbers: $14 billion in new taxes, $16 billion in spending cuts and $10 billion in new debt. We get the details and hear about charges that Republicans are breaking anti-bribery laws. Also, what’s in store for the Motion Picture and Television retirement home?  On our rebroadcast of today's To the Point, President Obama wants big money to forestall foreclosures. Is that a sound public investment? Why is homeownership equated with the American Dream?

President Obama wants big money to forestall foreclosures. On this rebroadcast of today’s To the Point, is that a sound public investment? Why is homeownership equated with the American Dream? What’s wrong with renting? Also, leaking out from under a “cone of silence” in Sacramento is a budget agreement -- at last.  We hear about spending cuts, tax increases and charges of illegal vote-trading by the Republicans. Also, what’s in store for the Motion Picture and Television retirement home? 

From this Episode:

Credits

Host:

Warren Olney

Producers:

Karen Radziner, Katie Cooper