California's legislature approved a $24 billion plan to close the state's budget gap with steep spending cuts.
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California Lawmakers Pass Budget Plan
Posted by admin 404 days ago (http://online.wsj.com)California Cities Face Bankruptcy Curbs
Posted by admin 463 days ago (http://online.wsj.com)
A California bill that could reach a final vote in July would require municipalities seeking bankruptcy protection to first obtain approval from a state commission.
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Vote Will Dictate California Budget
Posted by admin 478 days ago (http://online.wsj.com)
Gov. Schwarzenegger warned of more budget cuts if Californians reject six key propositions in a May 19 vote.
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