It's a newsy Tuesday in which leakers assure us Barack Obama called Kanye West a "jackass" and George W. Bush referenced Hillary Clinton's fat ass. Ahhh, the joys of civil discourse.

Onward:

Will the state legislature go for the tax overhaul plan that shifts the burden from the rich? LAT

Is the state legislature capable of going for anything at all? LAT

The Downey Regional Medical Center has filed for bankruptcy. Wire via LADN

The DWP, which wanted to buy the 68,000-acre Onyx Ranch in Kern County for a wind farm, was outfoxed by a close pal and supporter of Antonio Villaraigosa. Details in the LAT.

The MWD is set to shell out $1.6 billion to employees over the next five years. OC Watchdog

Speaking of water, the Long Beach Water Department insists its recent rate hike isn't tied to salary hikes. Press-Telegram

Officials report 91 percent containment of the Station Fire. LAT

Yay! A happy animal story! Injured seals restored to health and set free in San Pedro. Daily Breeze

Chronic TV watchers will be happy to hear about Cannabis Planet, a pro-marijuana show that airs twice a week on LA's indy station KJLA. NYT

KCRW's "Left, Right and Center" hits the Broad Stage in Santa Monica in October. Franklin Avenue

Be sure to check out Mark Lacter's news and notes in LA Biz Observed, listen to him on KPCC, and follow him on Twitter.

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LA Biz Observed
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