PATT MORRISON SCHEDULE
Thursday, August 12, 2010
CALL-IN @ 866-893-5722, 866-893-KPCC; OR JOIN THE CONVERSATION ONLINE ON THE PATT MORRISON BLOG AT KPCC-DOT-ORG
DAVID LAZARUS FILLS FOR PATT
1:06 – 1:39
1:41 – 1:58:30
L.A. City politics and your water & power bill: the trials & tribulations of the DWP
Austin Beutner, interim general manager of the L.A. Department of Water & Power; First Deputy Mayor of Los Angeles, chief executive for economic & business policy
2:06 – 2:30
How painful will rolling back the Bush tax cuts be?
Well, it depends who you ask. When that question is posed to Republicans they are expecting the worst from President Obama’s proposal to rollback tax cuts for the richest Americans—specifically they worry about small businesses with income over $250,000 that file their tax returns as individuals, and would therefore be subject to tax increases in the highest tax bracket. When the question is posed to Democrats they answer that if we’re serious about closing annual budget deficits, increasing taxes on the rich are a necessity. The Joint Committee on Taxation, a nonpartisan analysis branch of Congress, has crunched the numbers and provided a first objective look at a post-Bush-tax-cut world. The results: the pain won’t be felt too badly, even by the rich who will be most heavily impacted. How will this shape what is sure to be a key debate in this Fall election cycle?
2:30 – 2:58:30
Student Loans – an expensive lesson in excessive debt
College may be the best 4 years of your life. But what about all those student loans you’re still paying off… when you’re 52? According to the Federal Reserves, outstanding student loans totaled around $830 billion in June while average college tuition is $26,000 - minus all those textbooks and room and board. When you look at the numbers, student loan debt is larger than credit card debt, a fact that’s making many parents nervous about paying for their kid’s tuition. Unemployed or not, student loans are sucking the money and life out of American families. But how can we balance out the importance of higher education with inordinate amounts of debt?
Mark Kantrowitz, Publisher of FinAid.org and Fastweb.com
Producer, Patt Morrison Program
NPR Affiliate for
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