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Gov. Schwarzenegger declares state of emergency; IOUs on the way
SAN FRANCISCO — In San Francisco, several tech companies that do business with California are bracing for a holdout.
SACRAMENTO - California's Democratic-led Legislature is putting union interests over taxpayers' well-being, Gov. Arnold Schwarzenegger said Thursday as the state started printing IOUs for the first time in nearly 20 years.
SACRAMENTO - California's controller will start paying many of the state's bills with IOUs as soon as Thursday after lawmakers failed to close the state's worsening budget deficit, adding a new measure of indignity to a state sinking deeper into dysfunction.
SACRAMENTO -- California's Democratic-led Legislature is putting union interests over taxpayers' well-being, Gov. Arnold Schwarzenegger said Thursday as the state started printing IOUs for the first time in nearly 20 years.The Republican governor said Democrats have
California's Democratic-led Legislature is putting union interests over taxpayers' well-being, Gov. Arnold Schwarzenegger said Thursday as the state prepared to issue IOUs for the first time in nearly 20 years.
No balanced budget, no money. California will start printing IOU's this afternoon to pay for millions of dollars in money owed for social services, student grants, and more.
SACRAMENTO - Arnold Schwarzenegger has declared a fiscal state of emergency because of the financial morass and the state controller is issuing IOUs as early as today because of the growing budget deficit.
It was an incredibly depressing event - the total Mayoral takeover of our schools, despite the legal sunset of Mayoral control. The New York State...
SACRAMENTO, CA- Governor Arnold Schwarzenegger on Wednesday declared a fiscal emergency, ordered three unpaid furlough days every month for state employees in order to conserve cash and called a Proposition 58 legislative special session. He was scheduled to hold a press conference at 11 a.m. today.
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