Budgets and Budgeting

During years of cuts to basic services, Los Angeles city officials say, nearly $43 million piled up unnoticed in a Department of Transportation fund because of an accounting error. The discovery of $42.6 million will be a welcome one-time infusion...

"The Great Gatsby" is set to make a splashy debut at the box office this weekend, but "Iron Man 3" will still be the life of the party. The Marvel Studios film starring Robert Downey Jr. debuted with a massive $174.1 million last weekend and has already...

happened Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by California Rep. Tom McClintock (R-Rocklin), which the House is expected to take up this week." border="0" width="65" height="36" title="It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what happened Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by California Rep. Tom McClintock (R-Rocklin), which the House is expected to take up this week."/>It's rare that the president explicitly pledges to veto a bill -- usually, the White House says the president's advisors would "recommend" a veto -- but that's what happened Tuesday. The measure in question is HR 807, the Full Faith and Credit Act, by...

reportedly want something new in return for raising the limit: an agreement to simplify the tax code and reduce rates. Lawmakers should know by now that it's self-destructive to play games with the debt ceiling, and that the brinkmanship that characterizes contemporary Washington politics needs to stop. On the other hand, reforming the tax code is a goal both parties can and should embrace." border="0" width="65" height="36" title="The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and Means Committee reportedly want something new in return for raising the limit: an agreement to simplify the tax code and reduce rates. Lawmakers should know by now that it's self-destructive to play games with the debt ceiling, and that the brinkmanship that characterizes contemporary Washington politics needs to stop. On the other hand, reforming the tax code is a goal both parties can and should embrace."/>The federal government is expected to hit its statutory credit limit later this month, setting the stage for yet another battle between the Obama administration and the House GOP over raising the debt ceiling. Republican leaders of the House Ways and...

SACRAMENTO — Speaker John Pérez wants voters to know something: Cash may be cascading into state coffers as it hasn't for years. Democrats may totally control the Assembly with a new supermajority. But they're not going to be drunken sailors....

The Smithsonian Institution museums in Washington have had to close some spaces due to the effects of the federal budget cuts known as sequestration, the organization announced this week. The budget cuts have resulted in a reduction in a contract for...

Los Angeles Mayor Antonio Villaraigosa came out swinging against the city's labor unions last week, urging lawmakers — and the next mayor — to abandon or pare the 5.5% raise that comes due for many city employees on Jan. 1. Villaraigosa...

surplus of billions of dollars, according to officials." border="0" width="65" height="36" title="SACRAMENTO — California has been flooded with revenue this tax season and is on track to finish the fiscal year with a surplus of billions of dollars, according to officials."/>SACRAMENTO — California has been flooded with revenue this tax season and is on track to finish the fiscal year with a surplus of billions of dollars, according to officials. State coffers contain about $4.5 billion more than expected in...

Dear Liz: My husband and I are recovering from a job loss four years ago. We used up all our savings and home equity. My husband is now employed, but we are struggling to keep ahead even with a salary of about $100,000. I was a stay-at-home mom for the...

The complaint I hear most often about this race for mayor of Los Angeles is that the candidates, Controller Wendy Greuel and Councilman Eric Garcetti, spend too much time talking in generalities without providing details about what they'd do. But when...

Sequestration is starting to frustrate air travelers. About 400 flights were delayed Sunday because of air traffic controller furloughs, the Federal Aviation Administration said, and a few more interruptions were reported Monday at Los Angeles...

Ten weeks before he leaves office, Los Angeles Mayor Antonio Villaraigosa on Monday offered a $7.7-billion budget that would begin reversing years of cuts to basic city services such as tree trimming and sidewalk repairs while avoiding employee layoffs...