Treasurer Warns Continued Budget Delay Threatens Economic Recovery

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Governor Schwarzenegger met with legislative leaders again today with all sides repeating a familiar refrain: agreement is near on closing the $26 billion budget gap.  But, as they shut the doors, that gap wasn't closed yet.  State Treasurer Bill Lockyer says that brought California's infrastructure rebuilding program just that much nearer to total collapse.

Credits

Guest:
Bill Lockyer - California State Treasurer

Host:
Warren Olney

Producers:
Karen Radziner, Christian Bordal