Why California,the 8 th biggest GDP by volume in the world,
was declared in a fiscal emergency?
I really cant understand.USA as a nation have to bear the
military expenses.
I dunt think Calif have to.This is one of the richest state,if
not the richest.
Pl share with us here.
http://gov.ca.gov/
Fiscal Emergency Proclamation December 1, 2008
12/1 - Governor
Schwarzenegger today declared a
fiscal emergency for the state of California, allowing him
to call a Proposition 58 legislative special session to address
this emergency. The Governor also called a second legislative
special session to address the state’s economy.
Read More
About Prop 58 special session »
http://en.wikipedia.org/wiki/California
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