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Over 200 of the country's mayors met with President Obama and Vice President Biden behind closed doors in Washington DC today to discuss the economic climate and the pressing issue of job creation.
In attendance was L.A. Mayor Antonio Villaraigosa, who left the meeting feeling positive about the president and what was discussed, according to Fox. Villaraigosa said following what he called a "great meeting," that Obama is clearly "a president who is focused on our cities."
One significant concern is the possible slashing of the budget for the Community Development Block Grants (CDBG), which is "the federal program that provides cash to municipalities for economic development, low-income housing and other needs." Currently Los Angeles is the recipient of the third-largest CDBG grant, having last been granted $77.9 million from that fund. The fate of the fund remains undecided, though GOP sources have said that nothing in the federal budget is safe from potential cuts.
