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California state budget

Gov. Arnold Schwarzenegger (AP)

Governor Pushes For Pension Reform

Governor Schwarzenegger said pension reform will save the state $100 billion over the next few decades in a news conference Friday morning.

CONNECT WITH KCBS–10/08/2010

California State Capitol in Sacramento (Justin Sullivan/Getty Images)

Schwarzenegger, Legislative Leaders Reach Budget Deal

Gov. Arnold Schwarzenegger and legislative leaders said they struck a comprehensive agreement after an intensive five-hour meeting Friday night, signaling an end to California’s record-long budget stalemate after 93 days.

CBS San Francisco–10/01/2010

California State Capitol in Sacramento (Justin Sullivan/Getty Images)

Talks Resume On California’s Record-Long Budget Impasse

Gov. Arnold Schwarzenegger and legislative leaders met after a two-day hiatus Thursday in an attempt to break the state’s budget impasse but failed to reach agreement on closing the $19 billion deficit.

CBS San Francisco–09/30/2010

(Copyright © 2010 By The Associated Press. All Rights Reserved.)

California Voter Anger Grows With Budget Stalemate

Nearly a quarter of the way through California’s fiscal year, legislative leaders and Governor Arnold Schwarzenegger still were struggling to end the state’s record budget impasse and make long-term reforms.

CONNECT WITH KCBS–09/28/2010

Governor Arnold Schwarzenegger (AP)

Schwarzenegger, Lawmakers Cancel Budget Meeting

Gov. Arnold Schwarzenegger and legislative leaders have canceled their scheduled budget talks, continuing a record-long impasse over enacting a state spending plan.

CBS San Francisco–09/28/2010

California State Capitol in Sacramento (Justin Sullivan/Getty Images)

California Leaders Continue Budget Talks

Nearly a quarter of the way through California’s fiscal year, legislative leaders and Gov. Arnold Schwarzenegger are scheduled to resume negotiations over closing the state’s budget deficit.

CBS San Francisco–09/27/2010

September Arrives, Still No Budget

SACRAMENTO, Calif. (KCBS)_ For only the second time in 34 years, state lawmakers have reached September without passing a budget.

09/04/2010

Caltrans May Delay Construction Projects

SACRAMENTO, Calif. (KCBS)_ $3 billion in road construction projects around the state may have to be put on hold. A state budget impasse is forcing Caltrans to re-think some of its spending decisions. 

08/13/2010

Dems to Propose Vehicle License Fee Hike

SACRAMENTO (KCBS)_ State Democratic leaders are planning to release a new budget proposal today. The plan includes an income tax increase and vehicle license fee hike.

08/03/2010

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