June 12, 2013 |
By some measures, L.A.'s Center Theatre Group is the busiest nonprofit stage company in the nation - and it's the biggest by far outside Manhattan. But now this theatrical giant is in serious need of more than a little help from its friends. The 2012-13 fiscal year that ends June 30 is expected to yield the fifth consecutive splash of red ink since mid-2008 for the company that runs the Ahmanson Theatre, Mark Taper Forum and Kirk Douglas Theatre. Artistic director Michael Ritchie and managing director Edward Rada said in a recent interview that they expect a $500,000 loss - after four years in which deficits totaled $15 million, or $3.76 million a year.
CALIFORNIA | LOCAL
June 10, 2013 |
In a office decorated with Chinese art and diagrams of body parts, Dr. George Ma cares for more than 4,000 patients. Nearly three-quarters are covered by Medi-Cal, the state's public insurance program for low-income Californians, and Ma said he receives $10 a month to treat most of them. This summer, when California makes a controversial 10% cut to Medi-Cal rates, he could get paid less. Ma said he didn't go into safety net medicine for the money, but he worries that the reductions will make it even harder for his patients to get medication, medical equipment and appointments with specialists.
CALIFORNIA | LOCAL
May 14, 2013 |
SACRAMENTO - California may finally be free of deficits, but Gov. Jerry Brown unveiled a cautious budget Tuesday, saying the state's financial condition remains treacherously unstable. Brown put lawmakers on notice that he had no desire to ratchet up spending despite a multibillion-dollar windfall of tax receipts in recent months. Saying there is no evidence that the surge will last, he reduced his revenue estimates for the budget year that begins July 1. Only schools would get a substantial boost beyond what the governor proposed in January, before state income spiked.
April 26, 2013
Re "Time for labor to step up," Column, April 24 I sat down with Steve Lopez in 2010 to discuss the impact that "givebacks" would have on our SEIU Local 721 members who work for Los Angeles. Workers eventually agreed to help the city save money. Lopez's recent commentary is shortsighted. He acknowledges but doesn't take too seriously the fact that city politicians keep exaggerating the effects of L.A.'s budget deficit. He also ignores the city's hundreds of millions in uncollected debt and the fact that it has not considered renegotiating the more than $2 billion it pays out to private contractors.
April 23, 2013 |
Washington's tug of war over the federal budget has many wonders, but the biggest one of all must be the lengths to which politicians and pundits will go to deprive Granny and Grandpa of $30 a month. That's the amount by which benefits for the average Social Security retiree would be reduced by 2023 under a provision in President Obama's new budget. It might not sound like much to the president or fans of the proposal in both parties and the Washington commentariat. For the retiree trying to stretch an average monthly check of about $1,200 to cover housing, healthcare and every other necessity under the sun, it looms rather larger.
February 22, 2013 |
WASHINGTON -- A majority of Americans -- 54% -- want Congress to delay automatic spending cuts set for March 1 so the economy will have more time to heal, according to a new poll. Four in 10 respondents in the Bloomberg News poll said Congress must make steep budget cuts now to reduce the deficit before it gets out of control. The poll's findings should provide a boost to the White House as it battles with congressional Republicans over how to avoid the looming spending cuts, known as sequestration.