Karen Bass: “Liability settlements have tripled from backed up lawsuits…”

“Across the nation. Turmoil and uncertainty from Washington and a slowing economy are causing lower revenue projections to the tune of hundreds of millions of dollars. Liability settlements have tripled from backed up lawsuits during the pandemic and uncapped damages combined with personnel costs and of course, the fires and rebuilding altogether. Los Angeles, we have a very difficult budget to balance. Since January, I've been in active conversations with our partners in labor to find solutions to address a worsening economic outlook.” (35:14–35:28)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.