Chiang's Budget Warning

Saskal, Rich
March 2011
Investment Dealers' Digest;3/4/2011, Vol. 77 Issue 9, p9
Trade Publication
The article reports on the move of Controller John Chiang to release a letter addressing the failure of enacting a budget that is both timely and balanced to lawmakers in California. It mentions that his letter was based on the state's 2009 budget, which had created cash-flow problems for the government. It states that Governor Jerry Brown had created a spending plan for an extension of temporary sales, income and motor vehicle taxes.


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