Fiscal Emergency | featured news

California governor to declare fiscal emergency

California Governor Jerry Brown will declare a state of fiscal emergency on Thursday for the state's government to press lawmakers to tackle its $25.4 billion budget gap, according to a spokesman.

 

Schwarzenegger Declares Emergency, Calls Special Budget Session

California Governor Arnold Schwarzenegger, citing a $25.4 billion budget gap over the next 19 months, declared a fiscal emergency and called lawmakers to a special session next month to begin dealing with the ...

 

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