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Re: CA to run out of cash by early March...

By: ribit in ROUND | Recommend this post (0)
Wed, 01 Feb 12 7:38 PM | 45 view(s)
Boardmark this board | De's Test Board 		Msg. 38561 of 45651
(This msg. is a reply to 38536 by Decomposed)
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California State Agencies

http://maggiesfarm.anotherdotcom.com/archives/15764-California-state-agencies.html

...gee, whatever could they cut???




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
CA to run out of cash by early March...
By: Decomposed in ROUND
Wed, 01 Feb 12 12:39 AM 		Msg. 38536 of 45651

January 31, 2012

Controller: State to run out of cash in March without action

blogs.sacbee.com


California will run out of cash by early March if the state does not take swift action to find $3.3 billion through payment delays and borrowing, according to a letter state Controller John Chiang sent to state lawmakers today.

The announcement is surprising since lawmakers previously believed the state had enough cash to last through the fiscal year that ends in June.

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Full story: http://blogs.sacbee.com/capitolalertlatest/2012/01/controller-state-to-run-out-of-cash-in-march-without-action.html

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