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Los Angeles is seeking a $1.9 billion state bailout after receiving $2.5 billion in state aid thus far. Los Angeles faces a $1 billion deficit due to spending vastly outpacing revenues — issues that predated the fire and which City Controller Kenneth Mejia has long said are making the city go “broke.” Much of that […]
The post LA seeks $1.9B bailout amid $1B deficit, $38M in lost revenue from fires appeared first on The Black Chronicle.
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