California News

California misses budget deadline for 17th time

Wednesday, June 30, 2010

Wednesday marks the end of another fiscal year and once again the state legislature will miss its constitutional deadline to approve a balanced budget.

This marks the 17th time in the last two decades that California's political leaders have missed the budget deadline.

Lawmakers are currently facing a $19 billion state deficit.

Democrats in the assembly and Senate are finalizing their proposals and expect to send a joint version of it to the governor next week.

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sacramento, california budget crisis, budget cuts, economy, recession, california news
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