Rick Caruso shuts down Mayor Bass newest plan to help with homeless crisis NBC Los Angeles [Video]

Former mayoral candidate and Los Angeles business leader Rick Caruso slammed Mayor Karen Bass’ most recent plan asking the wealthy to help fund homeless housing.

Caruso mentioned the billions of dollars the city and state already spent to address the homelessness crisis, yet problems remain. He added that the private sector is ready to step up but needs confidence that their money will bring results.

“I have no doubt the private sector is ready to step up, but that will not happen until there is confidence investments won’t be tossed on the bonfire of wasted and ineffective spending that’s characterized our city’s homelessness strategy to date,” wrote Caruso on an Instagram post.

A recent state audit showed California spent $24 billion to address homelessness over the past five years. Mayor Bass’ first budget included an unprecedented $1.3 billion to conform the homeless crisis, too.

Mayor Bass’ latest plea does not mean more taxpayer dollars, instead her campaign “LA4LA” asks business leaders and philanthropic organizations …