Unless Congress agrees to raise taxes or cut the federal deficit some other way, about $1.2 trillion will be sliced automatically from the defense and domestic budget over the next decade.
At their meetings in Los Angeles and Oakland, the department will gather ideas for improving inmate rehab programs. They anticipate suggestions from organizations that provide substance abuse treatment, employment services and academic assistance.
Barr said he’s working with Superintendent John Deasy on a plan to operate Future Is Now schools on existing LAUSD campuses, beginning in 2013-14. Administrators and teachers at FIN schools would have control over decisions like curriculum and personnel, while the district would supervise the operation.
News reports from Beijing indicate that the China Development Bank is negotiating to finance a massive urban redevelopment project in San Francisco. This deal appears to be the first significant funding of a private U.S. investment by the CDB. We think it’s a promising sign of things to come.