Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Once plagued by budget delays, California is set to pass the new FY program on time for the...

  • Friday, June 22, 2012, 4:04 AM ET
    Once plagued by budget delays, California is set to pass the new FY program on time for the second year in a row after a deal yesterday between Governor Jerry Brown and legislators. The $92B agreement, a mix of spending cuts and a tax hike, plugs a $16B deficit and should improve California's reputation amongst muni-bond investors.
Track new comments on this story

This news story has 2 comments:

  •  
    THIS is news that matters to the markets. Not "what's going on in the euro-zone" (which is unknowable anyways.)
    22 Jun 2012, 06:15 AM Reply Like
  •  
    lol.. right, a budget gap that was less than 1% of California GDP... frightening!! meanwhile unemployment in Spain is > 20%.
    22 Jun 2012, 07:07 AM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)
Latest Macro Articles
More Latest Articles »