Mayor proposes cut to meet shortfalls

With the city of Los Angeles short $156 million this year, Mayor Antonio Villaraigosa proposed a dozen spending cuts Monday that include taking away city executives' cars and asking city employees to take five days' unpaid leave. Kerry Cavanaugh in the Daily News.

But while the proposals could generate $35 million in savings, that's still far short of the money needed to close the budget gap - so Villaraigosa is relying on an additional plan for $117 million in cuts, fees and money transfers.

The plan by City Administrative Officer Karen Sisson includes an estimated $72 million in cuts ranging from delaying the opening of new police stations and canceling funds for paving alleys to trimming library budgets for new books.