Jul 15th, 2009 - Reuters
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SACRAMENTO, California (Reuters) - California Governor Arnold Schwarzenegger said on Wednesday he was hopeful a deal with lawmakers to resolve the state's budget crisis by closing a $26.3 billion shortfall was near, perhaps even by the end of the day.
But Schwarzenegger, now a veteran of several lengthy budget battles marked by fits and starts, stalemates and partisan bickering, posturing and trash-talking, would not confirm an agreement was imminent.
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California IOU holders may turn to check cashers
Jul 7th, 2009 - Reuters
SAN FRANCISCO (Reuters) - California "IOU" recipients can turn to credit unions and check-cashing storefronts if a state budget deal does not appear by Friday and if three major banks refuse to accepting the notes beyond Friday as planned...
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