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Calif. Budget Heads To Vote, But Unlikely To Pass

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Jun 24, 2009 12:35 pm US/Pacific

Calif. Budget Heads To Vote, But Unlikely To Pass

SACRAMENTO (AP) ― The state Legislature has begun a sharp debate about a plan to close California's projected $24 billion deficit, but showed few signs of defusing the crisis quickly.

The Democratic budget plan being debated in the Assembly and Senate had little chance of passing because it appeared to have insufficient support from Republicans.

As lawmakers were debating the budget crisis, state Controller John Chiang said he would begin issuing IOUs to thousands of state contractors as soon as next week. He said that without a balanced budget, the state would be $2.8 billion in the red at the end of July, the first month of its new fiscal year.

The IOUs would mean no immediate funding to local governments for social services and private contractors that provide an array of programs for the poor, elderly and frail.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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