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News

California, We Have a Budget!

By  Lindsay William-Ross
Published Oct 1, 2010 11:00 PM
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Right now, we need your help during our short June member drive to keep the local news you read here every day going. This has been a challenging year, but with your help, we can get one step closer to closing our budget gap. Today, put a dollar value on the trustworthy reporting you rely on all year long. We can't hold those in power accountable and uplift voices from the community without your partnership.

After a 93-day impasse, California lawmakers and Governor Arnold Schwarzenegger reached an agreement last night on a budget, according to the Sacramento Bee.

The "handshake deal" was reached after a five-hour meeting. "No details were released on how the state plans to bridge a $19 billion deficit, as legislative leaders left the governor’s office in the Capitol," notes the AP as published by CBS.

The 93-day budget-less gap surpassed the record previously set in 2008 at 85 days.

The next step is a floor vote which will probably take place on Thursday; details of the budget will likely be released as part of a public hearing scheduled for Wednesday.

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