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Schwarzenegger says budget gap tops $3 billion

Oct. 27, 2008
Painting a gloomy picture of California's finances, Gov. Arnold Schwarzenegger said Monday that the revenue shortfall in the state's five-week-old budget has grown to more than $3 billion. He said he would call the lame-duck Legislature into special session...
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Texas leaders call fo zero-based budget

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Calif. budget deficit falls to $26 billion

SACRAMENTO, Jan. 15 (UPI) -- California lawmakers'' task of balancing the state budget was made slightly easier Wednesday by a new analysis that cut the estimated shortfall to $26 billion. The Legislative Analyst''s Office said the revision from $35 billion was due to a closer look a

Texas faces $9.9 billion budget shortfall

AUSTIN, Texas, Jan. 13 (UPI) -- Comptroller Carole Keeton Strayhorn said Monday Texas faces a $9.9-billion shortfall in the next 2-year budget cycle, nearly twice the previous estimate. Gov. R

California pegs shortfall at $23.6 billion

SACRAMENTO, May 14 (UPI) --
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Youngsters compete in Scripps National Spelling Bee
View Caption
Contestants (L-R) Cooper Barth of West Long Branch, New Jersey, Eboseremhen Eigbe of Galloway, New Jersey, Jacob Bayly Hunter of Sante Fe, New Mexico and Massound Sharif of Albany, New York, all await their turns to compete during the 3rd round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. UPI/Mike Theiler