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News Source: Uinta County News
| 5 months ago
The state's 210,000 workers are already forced to take two furlough days. A third would result in a total pay cut for each worker of 14 percent, saving California more than $2.2 billion in the new fiscal year that begins on July 1. "It's clear that...
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News Source: The Californian
| 5 months ago
As soon as Thursday, vendors who work for the state could get unfamiliar slips of paper instead of their normal paychecks. Without a revision to the budget that lawmakers passed in September, California won't have enough incoming tax revenue to...
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News Source: San Francisco Chronicle
| 5 months ago
Thousands of Californians will be hurt and it will cost millions if the state is forced to hand out IOUs instead of payments next week, the state controller said Friday. Gov. Arnold Schwarzenegger and lawmakers need to come up with a complete...
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News Source: Uinta County News
| 5 months ago
Chiang says Gov. Arnold Schwarzenegger and lawmakers need to come up with a complete solution to the state's $24 billion deficit instead of making a political statement...Without a new budget, Chiang said Friday that he will have to start issuing...
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News Source: Los Angeles Times
| 5 months ago
For the third straight day, Republicans resist Democrats' attempts to cut the state's $24-billion deficit. PM PDT, June 26, 2009 It was the third straight day that GOP lawmakers voted against Democratic moves to reduce the budget gap. Senate GOP...
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News Source: Uinta County News
| 5 months ago
California lawmakers remained at an impasse over solving the state's $24.3 billion deficit on Friday as the state controller prepares to hand out roughly $3 billion in IOUs. A morning vote on a portion of the Democratic budget plan fell short of the...
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News Source: Uinta County News
| 5 months ago
California lawmakers remain at an impasse over solving the state's $24.3 billion deficit as the state controller prepares to hand out roughly $3 billion in IOUs. A Friday morning vote on a portion of the Democratic budget plan fell short of the...
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News Source: United Press International
| 5 months ago
Members of the California Senate said no to state Assembly proposals to cut school spending and delay payments to education and local government. The Sacramento Bee said Friday that while the budget bills were passed by the state Assembly Thursday,...
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News Source: Sacramento Bee
| 5 months ago
On highly unusual bipartisan votes, the Assembly overwhelmingly passed three bills that would free up cash for the fiscal year that starts Wednesday, by cutting school spending and delaying some payments to schools, colleges and local governments.
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News Source: Glendale News Press
| 5 months ago
California’s financial fate continued its tumble into uncertainty this week as lawmakers failed to agree on a solution for a projected $24.3-billion deficit, despite warnings that the state will soon have to pay for some of its obligations using...