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Deadline looms for California budget

July 29, 2008 10:47:17 AM PDT
Governor Schwarzenegger says if a new budget isn't in place by Thursday, he will make good on a plan to cut jobs and slash wages.Workers across the state are furious, but the governor says he has no choice, considering the state's $15 billion deficit.

The governor's plan would eliminate 22,000 temporary, part-time and contract workers. It would also roll back salaries for nearly 200,000 state workers to the federal minimum wage of $6.55 an hour.

Full pay would be reinstated once a budget is approved.


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