The City of Los Angeles will save a projected $62 million this fiscal year by implementing mandatory employee furlough days, and while these furloughs mean a successful short-term solution to our budget woes, they won't help much in the long run.
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Results tagged “fiscalyear”
Furloughs Might Save Us $62M This Year, Won't Save Our Asses in the Long-Term
Subway Ban Repealed! Mayor To Party at Union Station
Yesterday, the U.S. House of Representatives approved the Fiscal Year 2008 Omnibus Appropriations bill, which included a provision authored by Congressman Henry Waxman to lift the prohibition against federal involvement in the construction of the “Subway to the Sea” (less we not forget that it was Waxman himself that authored the original ban in the 1980s). We've reported on this before and it was likely to pass, but it's nice to know that day is here.
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