Governor Proposes Sales Tax Hike; Has the Housing Market Hit Bottom?; McCain's Veep: Who Should it Be?; Bobby Kennedy's Last Campaign
Governor Proposes Sales Tax Hike
Governor Arnold Schwarzenegger is proposing to close the $15.2 billion budget gap with a temporary one-cent sales tax in exchange for automatic budget caps and increased executive power to curb future deficit spending. Los Angeles County residents may also be facing a half-cent on the dollar sales tax hike to pay for transit projects. If both are passed, LA County's sales tax would be a whopping 9.75%. Are you ready to pay more? Larry discusses the possibility with LA Times staff writer Evan Halper and economist Christopher Thornberg.
Has the Housing Market Hit Bottom?
As housing prices continue to fall, experts and consumers alike are wondering when the market will hit bottom and when might be the right time to buy a home. Larry talks with LA Times staff writer Peter Hong, and economist Chris Thornberg about the ups and downs of the real estate market.
McCain's Veep: Who Should it Be?
Larry talks with political scientists Sherry Bebitch Jeffe and Jack Pitney about who is in contention to be Senator John McCain's running mate.
Bobby Kennedy's Last Campaign
Robert F. Kennedy spent less than three months campaigning for the presidency before he was assassinated in Southern California in 1968. But even with just 82 days on the trail, many Americans expected him to win the election and carry on the Kennedy legacy in the White House. In his new book "The Last Campaign," author Thurston Clark gives an in-depth look at the campaign and the man. Larry talks with the author about the life and death of RFK.