Day 20: Fiscal Year 2009-2010

SACRAMENTO

4:47 PM, Pacific Standard Time

 

As of this hour, no deal has been struck between lawmakers and Gov. Arnold Schwarzenegger on closing an estimated $26 billion hole in the budget for the fiscal year that began July 1.

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On July 19, Assembly Speaker Karen Bass, a Los Angeles Democrat, predicted a deal would be consummated before the end of the week. The GOP governor’s press secretary also said negotiators were closing in on a solution.

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