Schwarzenegger Threatens To Shut Down State Government

Schwarzenegger threatens to shut down state government

The governor says that if a budget deal isn't reached, he won't approve emergency borrowing to tide California over. Gov. Arnold Schwarzenegger vowed Wednesday to let California government come to a "grinding halt" rather than agree to a high-interest loan to keep the state afloat if he and the Legislature do not close the yawning budget gap in coming weeks.

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