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Delays In Paying State Power Bill Could Be Trouble For State Budget

State officials are warning that continued delays in approving a 12 billion dollar bond sale to replenish
California´s general revenue fund could be a knockout blow to the state´s already faltering budget.

They´re scrambling to resolve a three-way impasse
between Governor Davis, his appointed California Public Utilities Commission, and the state Legislature.

This post was last modified on 01/31/2009 5:55 pm