March 21, 2010

California budget is signed by Gov. Schwarzenegger

Tools

By KSEE News

Story Published: Sep 23, 2008 at 3:06 PM EDT

Story Updated: Sep 23, 2008 at 3:06 PM EDT

SACRAMENTO (AP) - California Gov. Arnold Schwarzenegger has
signed the state's $143 billion spending plan after the longest
budget deadlock in state history.
The governor's signature, which comes on the 85th day after the
start of the fiscal year, frees up billions in payments to medical
clinics, nursing homes, daycare centers and contract vendors.
It won't, however, finish the budget battle. That will be up to
voters, who will be asked to tie up the agreement's loose ends
during a special election next year.
The impasse dragged because lawmakers dug into a partisan
standoff to close the state's $15.2 billion deficit.
Republicans opposed any tax increase, while Democrats sought to
combine budget cuts with higher taxes on corporations and the
wealthiest Californians.

Next article Fire Destroys Fresno County Home

View Oldest Comments First

Tuesday, Sep 23 at 6:49 PM Borchum Sam wrote ...

I'm wondering if i am able to get back my financial aid money for college.

Add a comment

More Good Stuff

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.