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Lawmakers again miss the state budget deadline

Jun 16, 2010 3:00:00 AM - latimes.com
The new fiscal year starts in two weeks, and the spending blueprint's delay could cost millions of dollars in higher interest rates.

State lawmakers blew past a constitutional deadline to pass a budget Tuesday, as Gov. Arnold Schwarzenegger and the Democrats who control the Legislature remain far apart on how to solve California's estimated $19.1-billion deficit.

USA, California: (Latest Stories)