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CA. PASSES MAIN BUDGET BILL 10-08-10 08:00 a.v.

he State Senate ended a 100th day budget impasse today by passing a main budget bill within a legislative package. California lawmakers reportedly worked through the night reaching an agreement just hours ago. The Senate’s vote comes more than 3 months after the start of the fiscal year, as the state was preparing to issue I-O-Us to state contractors. The Senate’s approval came hours after the Assembly acted yesterday. The 87.5 billion dollar general fund spending plan is nearly 16-billion dollars less than the general fund just 3 years ago.

 

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