Thursday, January 31, 2013

Wendy Greuel's $160-million savings claim raises questions

Most of the dollar total in her claim relies on two audits that depend on an accounting maneuver and a revenue projection her own office said was unrealistic.

At virtually every campaign stop, Los Angeles mayoral candidate and City Controller Wendy Greuel points to eliminating $160 million in "waste, fraud and abuse" she's found at City Hall as a solution to the city's fiscal troubles and evidence that she would be a tough fiscal manager as mayor.

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