California lawmakers say budget deal is close, 'huge progress' made in solving $26B deficit

SACRAMENTO, Calif. - A deal to solve California's $26.3 billion budget deficit could come as early as this weekend after legislators and Gov. Arnold Schwarzenegger made "huge progress" during hours of closed-door negotiations, state lawmakers said.

"This thing is coming to an end sooner than later," Senate President Pro Tem Darrell Steinberg, D-Sacramento, said Friday. He said an agreement could come as soon as Sunday night, when talks are scheduled to resume.

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