S&P lowers city of L.A.’s bond ratings amid budget crisis
S&P Global Ratings has lowered the bond ratings for the city of Los Angeles, which is trying to close a nearly $1-billion budget deficit.On Friday,…
In Sacramento, Mayor Bass seeks state money to close nearly $1-billion budget gap
Los Angeles Mayor Karen Bass returned to Sacramento Wednesday to lobby state leaders for money to help close the city’s nearly $1-billion budget hole. This…