News Stories Related To: California declares fiscal emergency over budget
Source: BDNews24
California Gov. Arnold Schwarzenegger declared a fiscal emergency on Wednesday, forcing lawmakers to tackle a budget gap that has raised the prospect of...
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READ MORE: Southern California Public Radio, White House, Arnold Schwarzenegger, interests rate, stimulus plan, Robert Gibbs, job losses
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- News Source: Los Angeles Times | 4 months agoA panel of state finance officials this morning set the interest rate for the IOUs at 3.75% for banks and other financial institutions that are willing to accept the scrip. Some banks have already agreed to honor the paper, including Bank of America...
- News Source: Palm Beach Post | 4 months agoOhio — Some states are facing their worst fiscal crisis in decades as a prolonged recession collides with historic drops in tax revenue. Several states are entering the first weekend of the fiscal year and July Fourth holiday without a budget in...
- News Source: Androscoggin News | 4 months agoThe important thing now is that we address the entire $26 billion deficit...That we don’t try to do $5 billion today and $5 billion next month and so on...I think that the taxpayers deserve that.” The governor’s projecting the $26 billion...
- News Source: The Mercury News | 4 months agoCalifornia will begin to print and send out tens of thousands of IOUs this afternoon to pay its bills, the latest black eye for the state and its broken budget system. A state panel this morning voted to set a 3.75 percent interest rate on the IOUs,...
- News Source: Uinta County News | 4 months agoThe U.S. economy will continue to shed jobs for months to come but there are signs the economic stimulus plan is working, the White House said Thursday. White House spokesman Robert Gibbs, commenting on the unemployment rate rising to 9.5%, said...
- News Source: The Hill | 4 months agoWhite House press secretary Robert Gibbs said the president joins the American people in being "impatient for results" as Republicans are howling that Obama's $787 billion stimulus plan has done nothing to halt job loss. "There's a sense that...
- News Source: Androscoggin News | 4 months agoCalif lawmakers protecting unions The Associated Press Thu, Jul 2, 2009 (10:33 a.m.) Gov. Arnold Schwarzenegger says California's Democratic-led Legislature is putting union interests over taxpayers' well-being. The governor made cutting remarks in...
- News Source: Uinta County News | 4 months agoCalifornia's deficit could balloon by millions for every day that its budget remains in limbo, according to a report Thursday. The San Francisco Chronicle newspaper reported that Mike Genest, who heads the state's Department of Finance, said...
- News Source: Androscoggin News | 4 months agoSo much talk about the budget, time now to turn our attention to bills...Among the ones that were approved, carrying a concealed weapon in a bar. The carrier is not allowed to drink and the establishment must not forbid it, if they do, the gun can't...
- News Source: Uinta County News | 4 months agoJuly 2, 2009 Turning Crisis Into Opportunity California's Empty Wallet “Our wallet is empty, our bank is closed and our credit is dried up.” – Governor Arnold Schwarzenegger, June 2, 2009 C alifornia State Controller John Chiang has warned...
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