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Tag Archives: California
California Closes State Offices
The State of California, rapidly becoming an economic basket case, has imposed furloughs on state employees that have necessitated the closure of state offices throughout California on a rolling basis. From the New York Times: Californians looking to renew driver’s … Continue reading
California to Pay With IOU’s
The State of California, faced with an eight billion dollar deficit, will likely run out of cash by March absent measures to deal with the problem. In light of that state vendors may receive IOU’s instead of cash for invoices … Continue reading
Posted in National News, State News
Tagged California, California fiscal crisis, Schwarzenegger, State fiscal crisis
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