Calif. budget plan includes new offshore oil (AP)

July 23, 2009
By 12news

State Senate President Pro Tem Darrell Steinberg, D-Sacramento, right, discuss the state budget compromise worked out with Gov. Arnold Schwarzenegger and Republican legislative leaders, while talking with reporters at his Capitol office in Sacramento, Calif., Tuesday, July 21, 2009. The plan, announced Monday, to close California's $26. 3 billion budget deficit, will cut $15 billion in spending from government programs, slashing spending on schools, universities, health care, welfare and in-home support for the disabled and frail. It will take some $4 billion from local governments and use a variety of accounting techniques to make up the difference. (AP Photo/Rich Pedroncelli)AP – The deal to close California’s $26 billion budget deficit included a plan to drill for offshore oil, drawing allegations that the fiscal crisis was used for a backroom deal following rejection of the idea by state regulators earlier this year.


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