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Schwarzenegger declares fiscal emergency in Calif.: report

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Roland99 Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Dec-01-08 04:26 PM
Original message
Schwarzenegger declares fiscal emergency in Calif.: report
Source: MarketWatch


SAN FRANCISCO (MarketWatch) -- Gov. Arnold Schwarzenegger on Monday declared a fiscal emergency and called for a special session with lawmakers to address California's $11.2 billion deficit, the Associated Press reported. California's revenue gap is expected to reach $28 billion over the next 19 months and without immediate action, the state could run out of cash in February, the news agency said. The emergency declaration allows the governor and lawmakers to change the existing budget within the next 45 days, the AP said.





Read more: http://www.marketwatch.com/news/story/Schwarzenegger-de...

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   Replies to this thread
   Oh, well, better get the recall petitions going. n/t  LisaM   Dec-01-08 04:27 PM   #1 
   duplicate topic  maddezmomDU Moderator   Dec-01-08 04:28 PM   #2 
 
LisaM Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Mon Dec-01-08 04:27 PM
Response to Original message
1. Oh, well, better get the recall petitions going. n/t


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maddezmom DU Moderator Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Donate to DU! Mon Dec-01-08 04:28 PM
Response to Original message
2. duplicate topic
http://www.democraticunderground.com/discuss/duboard.ph...

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DU AdBot (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Feb 09th 2010, 11:17 PM
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