CALIFORNIA | LOCAL
May 15, 2013 | George Skelton, Capitol Journal
SACRAMENTO - Dynamics have shifted dramatically in California's Capitol since Gov. Jerry Brown returned two years ago - both fiscal and political dynamics. The two are intertwined. And Brown is the beneficiary. In short, because the state's fiscal health is being restored - in no small part because of Brown - he is in a much stronger position to deal with the Legislature. Essentially, the governor now needs the Legislature much less than it needs him. Brown referred to this ground-shifting in a comment toward the end of his budget news conference Tuesday.
BUSINESS
May 15, 2013 | By Marc Lifsher, Los Angeles Times
SACRAMENTO - Gov. Jerry Brown is taking another stab at largely eliminating a state $700-million tax break for "enterprise zones" aimed at creating jobs in economically strapped localities. The governor failed in his efforts in 2011 to eliminate these politically popular quarter-century-old zones, located in the legislative districts of about three out of every four lawmakers. In his revised budget Tuesday, Brown proposed that 40 enterprise zones be replaced by a sales tax credit for companies that purchase manufacturing or biotech research and development equipment.
NATIONAL
May 14, 2013 | By David Lauter, Washington Bureau
WASHINGTON - The federal deficit is shrinking more quickly than expected, and the government's long-term debt has largely stabilized for the next decade, the Congressional Budget Office said Tuesday in a report that could strengthen the Obama administration's hand in the budget battles with congressional Republicans. The budget office continues to say the federal government faces a long-range budget problem - mostly caused by the costs of an aging population - but its new forecast pushes the crunch point for that problem off into a considerably more distant future: well after the 2020 presidential election.
CALIFORNIA | LOCAL
May 14, 2013 | By Chris Megerian, Los Angeles Times
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.
CALIFORNIA | LOCAL
May 13, 2013 | By Jean Merl, Los Angeles Times
All he asks, Los Angeles City Atty. Carmen Trutanich frequently says, is that voters judge him on his record. As he wages an uphill battle to hang onto to his job in the May 21 election, Trutanich rattles off a list of reasons he should be "rehired" to head one of the nation's largest municipal law firms. He cites a substantially reduced reliance on costly outside attorneys, favorable outcomes in lawsuits that he says have saved taxpayers more than $300 million and a crackdown on illegal billboards that activists called scourges on their neighborhoods.
NATIONAL
May 13, 2013 | By Wes Venteicher, Washington Bureau
WASHINGTON - The drought that caused record wildfires in California and other Western states last year is expected to persist through the summer, but fewer firefighters will battle this year's blazes in other regions because of federal budget cuts, top federal officials said Monday. The U.S. Forest Service will hire 500 fewer firefighters this year, the result of "line by line" budget reductions required by Congress, Agriculture Secretary Tom Vilsack said in a conference call with reporters.