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Talks intensify over closing Calif.'s $26B deficit
AP via Yahoo ^ | On Saturday July 11, 2009, 3:43 pm EDT | By Judy Lin, Associated Press Writer

Posted on 07/11/2009 12:58:27 PM PDT by Simmy2.5

Schwarzenegger, lawmakers express optimism as talks resume to close California's $26B deficit

SACRAMENTO, Calif. (AP) -- Against a backdrop of IOUs and expanding government furloughs, Gov. Arnold Schwarzenegger and legislative leaders expressed optimism Saturday that they were moving toward a compromise that could end California's fiscal calamity.

Negotiations to close the state's $26.3 billion deficit restarted after two weeks of inaction and partisan bickering. Top lawmakers from both parties said a budget-balancing deal was possible in the coming week.

"I would say we're getting very close to a general framework, but there are still outlying questions," said Assembly Minority Leader Sam Blakeslee, a San Luis Obispo Republican, after emerging from a closed-door meeting between lawmakers and Schwarzenegger.

They negotiated about 2 1/2 hours Saturday before ending talks for the day. They were expected to return to the Capitol on Sunday.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: California
KEYWORDS: ca2009; calbudget; iou
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To: STONEWALLS
"California is doomed because over 50% of the households are non-English speakers"

You don't know what you're talking about.

21 posted on 07/11/2009 7:23:25 PM PDT by Mariner
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To: Mariner

....Ben Stein on FOX puts it at 50% too....Gusopol3 on this thread thinks it could be 50% also...last week a Freeper put it at over 50%....U of CA study for the 2004-05 school year puts it at 42%....so whats your number?...answer the question wise guy!


22 posted on 07/11/2009 8:33:58 PM PDT by STONEWALLS
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To: STONEWALLS
While born and raised here, I wouldn't venture a guess.

How about you cite a reference source? Data that can be verified?

My BEST guess would be 20% non-english households.

23 posted on 07/11/2009 9:28:23 PM PDT by Mariner
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To: givemELL
Firing all 200,000 plus public employees in CA will not cover their deficit.

It's a start...
24 posted on 07/11/2009 9:32:15 PM PDT by Kozak (USA 7/4/1776 to 1/20/2009 Reqiescat in Pace)
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To: STONEWALLS

“California is doomed because over 50% of the households are non-English speakers....there’s no coming back from that.”

You have that right. We have been half-way ethnically cleansed. Thanks, Obama. Thanks, George.


25 posted on 07/11/2009 11:10:47 PM PDT by Pelham (California, formerly part of the USA)
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To: STONEWALLS; gusopol3

In my section of Orange County people who speak a language other than English at home are currently 60% of the population.


26 posted on 07/11/2009 11:13:02 PM PDT by Pelham (California, formerly part of the USA)
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