California governor to update spending cut plans (Reuters)

[Mgtrben news]

Reuters - California Governor Arnold Schwarzenegger will update his plan for "draconian" budget cuts on Friday after four months of legislative debate failed to close a hole last calculated at $20 billion.

Source (http://us.rd.*****.com/dailynews/rss/topstories/*http://news.*****.com/s/nm/20100514/pl_nm/us_economy_california)