Calif. will begin redeeming IOUs as interest payments will cost taxpayers nearly $10 millionSeptember 3rd, 2009 Calif. to pay nearly $10 million on IOU interestSACRAMENTO, Calif. — California taxpayers will pay nearly $10 million in interest on the nearly half a million IOUs the state has issued this summer.
California to stop issuing IOUs to thousands of vendors on Sept. 4 as state budget stabilizesAugust 13th, 2009 Calif. to stop issuing IOUs s budget stabilizesSACRAMENTO, Calif. — The California controller says the state can stop issuing IOUs to vendors on Sept.
California lawmakers say reaching a deal over state budget deficit will take more timeJuly 16th, 2009 Calif. budget talks stall over cuts, borrowingSACRAMENTO, Calif. — The prospects for a quick budget-balancing deal between Gov.
Calif. leaders say more talks needed, Schwarzenegger seeking deeper cuts to bridge $26.3B gapJuly 15th, 2009 Calif. leaders to continue talks on $26.3B gapSACRAMENTO, Calif. — Closed-door negotiations failed to yield a compromise on California's $26.3 billion shortfall late Tuesday, but Democratic and Republican lawmakers remained hopeful that a deal could be struck with one more round of talks.
Assembly committee passes bill requiring Calif. to accept IOUs as payment for taxes, feesJuly 7th, 2009 Bill would let IOUs pay for Calif. taxes, feesSACRAMENTO, Calif.
As budget deficit grows, cash-strapped California prepares to issue IOUsJuly 2nd, 2009 As deficit grows, Calif. prepares to issue IOUsSACRAMENTO, Calif.
Schwarzenegger declares fiscal emergency in California, orders offices closed 3 days a monthJuly 1st, 2009 Schwarzenegger declares Calif. fiscal emergencySACRAMENTO — Gov.
Calif. Senate fails to break budget deadlock; other states work to keep governments runningJuly 1st, 2009 States work to stave off government shutdownsSACRAMENTO, Calif. — Legislators in more than a half-dozen states, their revenues evaporating in the recession, frantically worked to stave off government shutdowns and devastating service cuts.
Calif. budget deadline looms as lawmakers make no progress on fixing $24.3B state deficitJune 30th, 2009 Calif. lawmakers face deadline to avoid IOUsSACRAMENTO, Calif. — A midnight deadline loomed Tuesday as California lawmakers and Gov.
Compromise over California budget deficit remains elusive with IOUs just days awayJune 29th, 2009 Calif. Senate OKs budget headed for certain vetoSACRAMENTO, Calif. — The California Senate has approved a Democratic budget that faces a certain veto from Republican Gov.
California controller says issuing $3 billion in IOUs a sign of fiscal mismanagementJune 27th, 2009 Controller: IOUs signal Calif fiscal mismanagementSACRAMENTO, Calif. — Thousands of Californians will be hurt and it will cost millions if the state is forced to hand out IOUs instead of payments next week, the state controller said Friday.
California controller says issuing $3B in IOUs a sign of fiscal mismanagementJune 27th, 2009 Controller: IOUs signal Calif fiscal mismanagementSACRAMENTO, Calif. — Thousands of Californians will be hurt and it will cost millions if the state is forced to hand out IOUs instead of payments next week, the state controller said Friday.
California lawmakers fail to pass stopgap measure to avoid IOUs, budget deal remains distantJune 26th, 2009 California Senate rejects cash-saving proposalSACRAMENTO, Calif. — Republicans in California's Senate have blocked a complicated cash-saving maneuver intended to help the state avoid issuing IOUs for services provided by thousands of independent contractors.
Calif. lawmakers remain deadlocked over solving budget crisis; IOUs expected next weekJune 26th, 2009 Calif. IOUs loom as lawmakers remain at impasseSACRAMENTO, Calif. — California lawmakers remain at an impasse over solving the state's $24.3 billion deficit as the state controller prepares to hand out roughly $3 billion in IOUs.
Calif. lawmakers debate budget fix as state controller warns of IOUs as early as next weekJune 24th, 2009 Calif. Legislature begins debate over budget fixSACRAMENTO, Calif. — Lawmakers have begun a sharp debate about a Democratic plan to close California's projected $24 billion deficit but a quick resolution seems unlikely.
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