LA Mayor Tells Council to Cut Budget to Protect Credit Rating – BusinessWeek
February 10, 2010 by Syndication
Filed under News, Top Stories
 Los Angeles Times | LA Mayor Tells Council to Cut Budget to Protect Credit Rating BusinessWeek Feb. 9 (Bloomberg) -- Los Angeles Mayor Antonio Villaraigosa told the City Council today to bridge a $212 million budget deficit or risk a downgrade to the credit rating of the second-most populous US city, his spokeswoman said. ... Villaraigosa tells LA council that layoffs are only way to avoid 'financial ... Mayor pleads case to council Mayor presents his case to LA city council |
