Page 24 - Budget Gap News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As you may know, stockton, the city of 290,000 residents carrying a 700-million-dollar debt is about to file for bankruptcy. making it the seventh municipality in the u.s. to do so this year. and an estimated 20% of california cities appear to be teetering on the edge of bankruptcy by the end this year, 2012. california is the most indebted state in the country with a budget gap of more than $15 billion. joining me now to put this in perspective from chicago joan than hoenig a hedge fund manager and from los angeles mark sawyer a ucla political science professor. jonathan, let me begin with yo...

Of california. as you may know, stockton, the city of 290,000 residents carrying a 700-million-dollar debt is about to file for bankruptcy. making it the seventh municipality in the u.s. to do so this year. and an estimated 20% of california cities appear to be teetering on the edge of bankruptcy by the end this year, 2012. california is the most indebted state in the country with a budget gap of more than $15 billion. joining me now to put this in perspective from chicago joan than hoenig a hedge fund manager and from los angeles mark sawyer a ucla political science professor. jonathan, let m...

Resources to enforce it. no bikinis or speedos, bill. bill: summertime in the ocean. heather: no more speedos, you're avoiding that comment. bill: but it's always swim suits, right? be. heather: yes. bill: springsteen probably wrote a song about that, huh? girls in their summer clothes. sunny stockton california is living under a heavy cloud. it is set to become the largest city in america to go bankrupt, facing a $26 million budget gap. that brings us to because you asked. how many cities like stockton, california, are on the verge of bankruptcy because they cannot afford to pay union pension...

conference, and this will show you how important the latino vote will be in november. the polls show that president obama has a huge lead over mitt romney, and 66% to 24%. but here in florida the president is tight with his lead over romney where he trailed by 12 points. in romney's speech today and i want to bring in the panelists here, jim acosta who is inside, and we will go to him later, and juan carlos and also the executive president of naleo, and i want to start off with u you, juan carlos, first of all, anything surprising with the this speech? a lot of build-up and people wa...

"outfront" tonight is the economy, stupid. in a surprise news conference today the president blamed congress for keeping americans out of work. >> they left most of the jobs plan just sitting there, and in light of the head winds that we're facing right now, i urged them to reconsider because there are steps to take right now to put more people back to work. >> the president is angry that congress has not passed his jobs bill, which sat on the shelf since last fall. part of it did pass. the payroll tax cut extension and long-term unemployment insurance, but the president wants to pas...