Tag: budget fallacies

Is Ventura The Next California City To Face A Financial Crisis?

As Congress struggles to pass a national budget, a similar budgeting nightmare is being played out in Ventura.

In Ventura’s case, a budget has been proposed and approved. The only problem? The budget is pure fiction, according to City Councilmember Neal Andrews.

In this fiscal year, Ventura will run a budget deficit of $1.6 million. The City has run budget deficits for the preceding 4 years ranging from a loss of half a million dollars to a loss of $11.4 million—cumulatively $21.6 million.

Joining me to explain the budget deficit is Bob McCord.

Bill Frank’s Guests

Here is the lineup of guests for Guests For October 5, 2013

Guests For October 5, 2013

My guests this week are Bob McCord, founding member of VREG, talking about Ventura's budget woes; healthcare expert Sally Pipes exposing the flaws of Obamacare as the Insurance Exchanges open for business; and Stuart Crain, CEO of TVTalk discussing how his app will revolutionize television viewing. Read More

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