Forwarded by burchworks: Schwarzenegger signs long-awaited California budget

SAN FRANCISCO (Reuters) - California Governor Arnold Schwarzenegger signed a package of bills on Tuesday to balance the state's budget, which should allow the state to stop issuing IOUs instead of paying bills and to prepare for a crucial sale of short-term debt.

http://mobile.reuters.com/mobile/m/FullArticle/CUSN/ndomesticNews_uUSTRE56R69N20090728?src=RSS-USN

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