Sat, Jul 4th, 2009
Related topics:
* Schwarzenegger sees possible compromise
* Says budget talks moving fast (Refiles to insert dropped word "deficit" in 3rd paragraph)
SAN FRANCISCO, July 4 (Reuters) - Governor ArnoldSchwarzenegger, optimistic California can finish its budgetnegotiations in a few days, is willing to reconsider hisproposed cuts to education in hopes of averting a cash crisis,the San Francisco Chronicle said on Saturday.
Related stories from top sites:
Top California lawmaker sees budget talks back on
Jun 30th, 2009 - Reuters
SAN FRANCISCO, July 8 (Reuters) - California AssemblySpeaker Karen Bass said on Wednesday she sees stallednegotiations with Governor Arnold Schwarzenegger over closingthe state's $26.3 billion budget gap resuming by Friday. Bass...
As California struggles, Fitch cuts debt rating
Jun 30th, 2009 - Reuters
SAN FRANCISCO (Reuters) - California suffered a new setback in its financial crisis on Monday when Fitch Ratings cut its rating on the state's general obligation debt to just two notches above junk status.
California turns to 'IOUs' amid budget impasse
Jun 30th, 2009 - Reuters
(Recasts, adds comment, Federal Reserve comment, background,byline) SAN FRANCISCO, July 2 (Reuters) - As California marked itssecond day of a new fiscal year without a budget agreement...
Cash-strapped California sets interest rate on 'IOUs'
Jun 30th, 2009 - Reuters
SAN FRANCISCO, July 2 (Reuters) - California officials,facing a cash crisis without a state budget agreement, approvedon Thursday a 3.75 percent interest rate and an October 2maturity date for registered warrants...
Cash-strapped states up against budget deadlines
Jun 30th, 2009 - Reuters
SAN FRANCISCO (Reuters) - California prepared on Tuesday to resort to issuing IOUs as the giant but cash-strapped U.S. state struggled to approve a new budget in time for the new fiscal year that begins on Wednesday. The IOUs...




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