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California Could Get $37 Billion in Federal Stimulus
The $819 billion stimulus package being worked on right now by congress could help California up and down the state. Projected to have $42 billion deficit later this year, the money wouldn't go to state coffers to fix the budget, but rather to counties and cities for ready-to-go infrastructure projects. For example, $4 billion could go to transportation projects alone. But the New York Times warns that California will be an indicator if this stimulus will be successful or not in other states: "There are political hazards, too. Not only is California needy, with high unemployment, the most foreclosures in the country and tax revenues so depressed that it will begin furloughing state workers, it is also politically unruly."
One year ago, Congress voted to defund public media, eliminating a critical $1.7 million from our budget every year going forward. But they couldn’t silence us, and we’re not going anywhere. LAist is now 100% community funded and that means we’re taking our future into our own hands and turning to you to keep local reporting strong.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
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