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CALIFORNIA: Cash not flowing yet, Chiang says
Sacramento Bee ^ | 2/19/9 | Jim Sanders and Jon Ortiz

Posted on 02/19/2009 12:47:52 PM PST by SmithL

No, the check's not in the mail.

Legislative approval of a 17-month budget today will not spark immediate payment of $3.3 billion owed to taxpayers, contractors and local governments by the state.

"Just because they passed it doesn't mean there's all-of-a-sudden cash in the treasury," said Hallye Jordan, spokeswoman for state Controller John Chiang.

The state finance department is expected to provide cash-flow data within a week that will enable a payment schedule to be set through June 30, Chiang said in a written statement.

"Once this budget plan provides the needed cash in the treasury, my office will work around the clock to get delayed payments out the door," Chiang said.

(Excerpt) Read more at sacbee.com ...


TOPICS: Extended News; Government; Politics/Elections; US: California
KEYWORDS: budget; calbudget; chiang; goldenstate; johnchiang; yourtaxdollarsatwork

1 posted on 02/19/2009 12:47:52 PM PST by SmithL
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To: SmithL

I guess somebdy caved, who was the skunk?


2 posted on 02/19/2009 12:49:23 PM PST by Pietro
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To: SmithL

NSS.


3 posted on 02/19/2009 12:51:13 PM PST by Jim Robinson
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To: Pietro

Hispanic RINO wanting to run for statewide office. He managed to persuade everyone to go for open primaries (couldn’t be because he needs Dems to get the primary election, now could it)

I am sick and tired of politicians moving their own power agenda ahead of what is right.


4 posted on 02/19/2009 12:52:07 PM PST by The Californian (The door to the room of success swings on the hinges of opposition. Bob Jones, Sr.)
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To: Jim Robinson

How can I be overdrawn? I still have checks!


5 posted on 02/19/2009 12:53:48 PM PST by SmithL (The Golden State demands all of your gold)
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To: Pietro
I guess somebdy caved, who was the skunk?

There were 6 total. Abel Maldonado was just the last to get his thirty pieces of silver.

6 posted on 02/19/2009 12:54:03 PM PST by John Jorsett (scam never sleeps)
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To: Pietro

Maldonado

http://cssrc.us/web/15/default.aspx?AspxAutoDetectCookieSupport=1


7 posted on 02/19/2009 12:56:21 PM PST by NathanR ( Drill here. Drill now. Pay less.)
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To: SmithL

Taxpayers in California need to get in line behind the illegals, the union thugs, and Octo-mom. Those people are more important.


8 posted on 02/19/2009 12:56:30 PM PST by Deo volente (Freedom went out not with a bang, but with a "stimulus".)
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To: John Jorsett

Abel Maldonado’s name should be remembered by every California Republican. He wants to be governor. Don’t let him ever.


9 posted on 02/19/2009 12:59:28 PM PST by NathanR ( Drill here. Drill now. Pay less.)
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To: SmithL

I have a huge budget plan ready for when I win the lotto


10 posted on 02/19/2009 1:46:58 PM PST by GeronL (Hey, won't you be my Face Book friend??)
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