California To Creditors: I Owe You
July 2, 2009 8:13 a.m.
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DiscussLawmakers in California have failed to pass a stopgap budget. That means the state will begin issuing IOUs on Thursday. The state could issue $3.4 billion in IOUs by the end of July.
Lawmakers in California have failed to pass a stopgap budget. That means the state will begin issuing IOUs on Thursday. California could issue $3.4 billion in IOUs by the end of July.
John Myers reports for member station KQED. Copyright 2009 National Public Radio. To see more, visit http://www.npr.org/.
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