California government declares fiscal emergency over budget (Reuters)

AP – State Sen. George Runner, R-Lancaster, is seen at his desk during the voting on a budget measure before … SAN FRANCISCO (Reuters) – California Gov. Arnold Schwarzenegger on Wednesday declared a fiscal emergency for the government of the most populous U.S. state to force lawmakers into a special session to tackle a $24.3 billion state budget gap. Lawmakers have failed to agree on a spending plan that balances the state's budget for its... [read full story]                    

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