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Budget Inaction -- 07/09/2010

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Arnold Schwarzenegger
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Last week marked the beginning of the new fiscal year. And for the 19th time in the last 25 years California will begin the fiscal year without a budget. For taxpayers a late budget is a disaster. Since January the Legislature's inaction has already added nearly $3 billion to the deficit. And every additional day of inaction costs taxpayers another $52 million. I urge the legislators to get to work and to send me a budget as soon as possible.

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