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Politics : Formerly About Advanced Micro Devices
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From: Brumar891/30/2010 10:38:41 AM
1 Recommendation   of 1576896
 
Californication: CA will run out of cash April 1 (fools day!) due to perpetual spending orgy

If true, it will be fitting, won't it?

.....
State Controller John Chiang issued a stern warning Friday about California's cash reserves, telling legislative leaders and Gov. Arnold Schwarzenegger they must act on nearly $9 billion in budget cuts the governor is seeking by March — or the state will run out of cash to pay its bills.

Without making those cuts — which Chiang says will pump $1.3 billion into the state's checking account — California would be broke by April 1, no fooling.
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