Los Angeles is broke - City declares fiscal emergency

Los Angeles declares fiscal emergency, prepares mass layoffs amid $1 billion deficit

LA’s City Council—including four members of the DSA—voted unanimously to declare a “fiscal emergency” vote by the LA City Council, setting the stage for major cuts in America’s second-largest city.

Los Angeles is broke - City declares fiscal emergency

The city of Los Angeles declared a state of fiscal emergency amid a $1 billion deficit. The council approved of the emergency declaration unanimously in a 14-0 vote. This comes after Mayor Karen Bass approved a $14 billion budget for the fiscal year that began on July 1. The city is a prime example of what happens when socialist policies are allowed to run rampant at the expense of the people. Bass approved of raising the budget from $12.9 billi…

Los Angeles Is Broke – City Declares Fiscal Emergency

The city of Los Angeles declared a state of fiscal emergency amid a $1 billion deficit. The council approved of the emergency declaration unanimously in a

Los Angeles is Broke – City Declares Fiscal Emergency - Conservative Angle

Guest Post by Martin Armstrong The city of Los Angeles declared a state of fiscal emergency amid a $1 billion deficit. The council approved of the emergency declaration unanimously in a 14-0 vote. This comes after Mayor Karen Bass approved a $14 billion budget for the fiscal year that began on July 1. The city is a prime example of what happens when socialist policies are allowed to run rampant at the expense of the people. Bass approved of rais…