California Economy

California Economy - International Business - Posted: 3rd Jun, 2009 - 9:21pm

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California California Controller To Suspend Tax Refunds
Post Date: 19th Jan, 2009 - 11:06pm / Post ID: #

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California Economy

California controller to suspend tax refunds, welfare checks, student grants

John Chiang announces that his office will suspend $3.7 billion in payments owed to Californians starting Feb. 1, because with no budget in place the state lacks sufficient cash to pay its bills.
Ref. Source 6
Post Date: 20th Jan, 2009 - 6:25pm / Post ID: #


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Economy California

That should make all the dependent Californians real happy. Don't planners take into consideration down turns anymore?

Financial Level: Broker / Business Participation: 85 EconomicsBusinessesBroker 8.5%


Post Date: 19th Feb, 2009 - 4:17pm / Post ID: #

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California Economy Business International

State Assembly joins Senate in passing budget this morning, sending it on to Gov. Arnold Schwarzenegger for signing.

The vote ends nearly nine weeks of drawn-out budget battling as Legislative leaders agree to a number of financial and electoral concessions to win the support of Republican Sen. Abel Maldonado -- the one vote needed to ensure passage of a budget. Ref. SignOnSanDiego.com.
Post Date: 12th Mar, 2009 - 8:26pm / Post ID: #

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Economy California

State Assembly joins Senate in passing budget this morning, sending it on to Gov. Arnold Schwarzenegger for signing.

The vote ends nearly nine weeks of drawn-out budget battling as Legislative leaders agree to a number of financial and electoral concessions to win the support of Republican Sen. Abel Maldonado -- the one vote needed to ensure passage of a budget. Ref. SignOnSanDiego.com.
Post Date: 13th Mar, 2009 - 8:58am / Post ID: #


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Economy California

If California doesnt give back tax refunds, just watch everyone change their amount of dependents to make sure they owe taxes. I usually try to keep it where I owe just a little money to the state and federal government, but if they tried this trick...I definitely would make sure I wasnt due a refund.

Attached Image Edited: Vincenzo on 13th Mar, 2009 - 9:02am

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Post Date: 14th Mar, 2009 - 12:40pm / Post ID: #

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California Economy

State budget springs a leak

SACRAMENTO - Just three weeks after celebrating a hard-fought compromise that many hoped would end California's budget nightmare, state lawmakers received a fresh blast of chilling financial news yesterday. Ref. Source 6
Post Date: 22nd May, 2009 - 10:17am / Post ID: #

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California Economy

California faces $8 billion more in cuts

The state's financial free-fall continued yesterday as lawmakers and the governor learned they may have to cut about $8 billion more than was estimated just the day before. The governor abandoned a plan to borrow $5.5 billion to help cover a spiraling deficit as the independent legislative analyst warned the borrowing was not only unwise but legally questionable. Ref. Source 1
Post Date: 3rd Jun, 2009 - 9:21pm / Post ID: #

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California Economy

California will run out of cash in 14 days:

The state wallet is empty. The bank closed. Credit has dried up, Gov. Arnold Schwarzenegger told lawmakers in a special Tuesday morning address at the Capitol. Ref. Source 2
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