California finances plummet less than three months after budget passage:
"California finance officials have announced that the state has a current budget deficit of $1.1 billion. News of the shortfall comes less than 10 weeks after a balanced budget deal was reached by Republican Governor Arnold Schwarzenegger and the State Legislature.
An October report released by State Controller John Chiang announced that the latest budget deficit was mainly due to a large drop in third quarter income tax collection; revenues were 11 percent lower than initially projected.
The California Department of Finance is also expecting a deficit of $7.4 billion at the start of fiscal year 2010-2011, which begins next July. This could climb to as high as $20 billion by the start of fiscal year 2011-2012."
As past drama percolates, former DA challenges acting DA in Pittsburg,
Haskell counties
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[image: Pittsburg County DA race]McALESTER — In a race that has become more
heated as time ticks toward the June 16 primary election, Republicans in
Pitt...
6 hours ago
