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<br />8A <br />Page 7 <br /> <br />.1.ti.Itl~.w,. (~I.f/l;'jltit~ ,lll. ~U~ 1i* l~~lt!i~ ~i/l:/l; tll!kr I#ill:"'-' tiliol,Uff-t;t C.~flJii-rtl~ utit.t <br /> <br />PRIORITY <br />FOCUS <br /> <br />~\'- L~~\~;,~JE <br />~ ,"-' i -I~ I r: '\ <br />l, L ,_ <br /> <br />IN THIS ISSUE: <br /> <br />January 16, 2009 <br />Issue #2.2009 <br /> <br />Page 2: State Running Out Of Cash - How Did We Get Here? <br />Page 3: Bipartisan Commission to Review California's Outdated Revenue Laws <br />Page 4: Legislative Committees Announced <br />Page 8: High Speed Rail Scoping Meetings Coming to Bay Area This Month <br />Page 9: City Officials to Attend League Events January 19-23 in Sacramento <br />Page 10: Attend the 3rd Annual Green CA Summit, March 16 - 18, 2009 <br />Nominate an Outstanding Leader for the 2009 California Civic Leadership Institute <br />Page 11: PPIC Task Force Calls on State's Leaders to Act with Unity, Urgel'lcy on Plan for Federal Dollars <br />Page 13: Find a Bill, Legislators, Leg Committee, or Ask League Leg Staff <br /> <br />CONGRESS BEGINS WORK ON FEDERAL ECONOMIC STIMULUS PACKAGE <br /> <br />House Democratic leaders yesterday began unveiling an $825 billion economic stimulus package <br />featuring $550 billion in spending and $275 billion in tax breaks. There is much in this package of <br />great interest to local officials concerned about the effects of home foreclosures, job losses, <br />reduced sales, property taxes and other factors having a direct impact on local communities. A <br />summary of the release is available at <br />htte ://www.ca.com/flatfi les/editorialFi les/temeorarvltems/2008/15stimulus. edf. <br />For more, see Page 2. <br /> <br />.................................... <br /> <br />BUDGET AGREEMENT STILL ELUDES STATE LEADERS <br /> <br />With California a few short weeks away from running out of cash, there was little visible progress <br />this week on a resolution to the state's $42 billion, 18-month budget deficit. The "Big Five" met to <br />discuss options, but a budget agreement still seemed to elude the key budget players. <br />For more, see Page 2. <br /> <br />.................................... <br /> <br />LEAGUE BOARD PRESIDENT A SPECIAL <br />GUEST AT STATE OF THE STATE SPEECH <br /> <br />League Board President Judy Mitchell, mayor of Rolling Hilts Estates, was among the special <br />guests of Gov. Arnold Schwarzenegger yesterday, invited to view his State of the State speech in <br />the Assembly gallery. For more, see Page 2. <br />