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Keyword: goesup

CA: State budget signed; bond rating goes up

07/12/2005 8:15:44 AM PDT · by NormsRevenge · 7 replies · 231+ views
San Diego Union -Tribune ^ | 7/12/05 | Ed Mendel

SACRAMENTO – After being pounded by television ads and seeing his popularity plunge, Gov. Arnold Schwarzenegger basked in some rare good news yesterday as he signed a new $117.4 billion state budget. The budget is the earliest in five years, has the support of Democratic legislative leaders who joined the governor at the signing ceremony and received an endorsement from Wall Street with a bond-rating upgrade for the state. The governor and the leaders, echoing remarks last week, hope the bipartisan momentum will lead to a compromise avoiding an all-out war over the governor's "Year of Reform" initiatives on the...

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