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L.A. budget chief warns of bankruptcy without tax hikes, layoffs

Stagnant revenue and rising employee costs threaten City Hall with a $222-million shortfall, official says. A proposal to outsource ambulance services provokes anger from firefighters union. Los Angeles' top budget official raised the specter of bankruptcy Friday in a sweeping report that calls for new taxes, possible layoffs and the privatization of some city services.

 

L.A. mayor orders 1,000 layoffs

L.A. mayor orders 1,000 layoffs

The mayor of Los Angeles has ordered the immediate layoff of 1,000 city employees to help to balance the city's budget.

 

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