California closes budget gap, worries about next (Reuters)

July 25th, 2009 | by |

Assemblywoman Bonnie Lowenthal, left, D-Long Beach, speaks with Assemblymen Pedro Nava, center, D-Santa Barbara, and Tom Ammiano, D-San Francisco, during the Assembly session at the Capitol in Sacramento, Calif., Friday, July 24, 2009. Lawmakers worked through the night on a package of bills worked out between Gov. Arnold Schwarzenegger and Legislative leaders to resolve the state's $26.3 billion budget deficit. The Senate approved the plan that are currently stalled in the Assembly. (AP Photo/Robert Durelll)Reuters – California’s legislature on Friday approved a $24 billion package of bills to close a deficit that had driven the state to the edge of financial ruin, although Governor Arnold Schwarzenegger said the weak economy could create new budget holes.

Source:California closes budget gap, worries about next
(Reuters)

Sorry, comments for this entry are closed at this time.