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RE: LeoThread 2025-04-27 16:59

in LeoFinance6 months ago

Part 3/7:

Simultaneously, California, particularly Los Angeles, faces its own set of challenges as Mayor Karen Bass announced a staggering billion-dollar deficit that has necessitated mass layoffs for city employees. This situation highlights the fiscal mismanagement and growing economic struggles within one of the wealthiest states in the nation. The city plans to cut over 1,600 jobs, affecting critical services such as fire and police departments. Critics of the mayor's plan have decried these layoffs as irresponsible and have demanded greater accountability regarding budget allocations, especially in areas such as homelessness where funding appears insufficient despite high tax rates.