Steyer on California Budget, Taxes

Jan. 16 (Bloomberg) -- Thomas Steyer, retired founder of Farallon Capital Management LLC, talks about his role in backing a California voter initiative that is credited in part for creating a projected budget surplus and prospects for a similar plan being implemented on a national level. Last week Governor Jerry Brown declared an end to California’s chronic fiscal crisis, projecting the first surplus in a decade thanks to spending cuts and $6 billion in new taxes approved by voters in the most populous U.S. state. Steyer speaks with Erik Schatzker on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Conference Board's Polk: How Slow Is China's Real Growth?
26:02 - Andrew Polk, an economist at the Conference Board in Beijing, talks about the slowdown in China's economy. He speaks with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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