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Hope for California budget deal as 'IOUs' planned - Reuters border=

Hope for California budget deal as 'IOUs' planned - Reuters

Reuters
SAN FRANCISCO, July 2 (Reuters) - Top California lawmakers raised hope on Thursday that an elusive budget deal could be at hand, as officials began issuing billions of dollars in "IOUs" to avoid a cash crisis on the second day of a new …
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Written on July 3, 2009 | Posted in National News | No comment

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IOUs from California are on their way - San Jose Mercury News border=

IOUs from California are on their way - San Jose Mercury News

San Jose Mercury News
SACRAMENTO — With its bank balance careening toward zero, California began sending tens of thousands of IOUs to its creditors on Thursday, the latest black eye for the state and its broken budget system. Nearly 30000 IOUs began rolling …
Reuters
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Written on July 3, 2009 | Posted in Movies | No comment

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