Cut Business Expenses

Supporters see it as necessary step to address city's budget crisis; opponents say it will kill local businesses

Amid ongoing debate over cutting city services or raising taxes to stave off insolvency, city officials have backed off a decision to close the community pool 15 days early to save $30,000.

I find it interesting that The Times uses Californias desperate fiscal condition as a reason to oppose Initiative1098 [Dont Calitaxicate Washington, Editorial, Aug. 11]. And yet the editorial board supports I-1053, requiring two-thirds of the Legislature to raise taxes.

One of the few clear-cut perks for businesses included in the recently enacted financial industry reform law may actually have little practical value.

With Sir John Gieve upping the ante in the interest rate debate with a speech suggesting the cost of borrowing may rise sooner than expected which contradicts the view of the Governor of the Bank of England Howard Wheeldon, a strategist at BGC Partners, wonders whether "this was meant as a backdoor stabbing of Mervyn King". Who knows, but Wheeldon didn't point out was that Sir John, a former ...