
Coronavirus Budget Blues
All signs point to a difficult economic period coming our way. The financial crisis is going to hit not only businesses small and large, but also government. Typically, California spends over $200 billion a year on services such as road repairs, prisons, unemployment benefits and construction of affordable housing. Our guest is state Sen. Holly Mitchell (D-Los Angeles), who chairs the Senate Budget Committee. [Advertisement] This L.A. Times podcast is presented to you by Blue Shield of California. The fight is tough, but so are you. Thank you, front line.
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Show Notes
All signs point to a difficult economic period coming our way. The financial crisis is going to hit not only businesses small and large, but also government. Typically, California spends over $200 billion a year on services such as road repairs, prisons, unemployment benefits and construction of affordable housing. Our guest is state Sen. Holly Mitchell (D-Los Angeles), who chairs the Senate Budget Committee.
More reading: Coronavirus crisis could trigger huge California deficits, lawmakers are told.
[Advertisement] This L.A. Times podcast is presented to you by Blue Shield of California. The fight is tough, but so are you. Thank you, front line.