2009-01-31wsj.com

" California's chief accountant on Monday will begin delaying nearly $4 billion of scheduled state payments, postponing income-tax refunds, grants to college students and welfare checks in an effort to prevent the state from running out of cash."



Comments:

tvsterling at 22:06 2009-02-01 said:
In California the budget must pass by two thirds. This means that an obstinate minority (the Republicans) can flush the state down the toilet financially in the supposed name of fiscal responsibility. This is a doublethink worthy of Orwell himself. Hats off to the late, great state of California. Permalink

add a comment | go to forum thread