Cloudy
42.1 ° F
Full Weather
Sponsored By:

State Delays In Paying Energy Bonds

Sponsored by:

State Treasurer Phil Angelides says delays by the California Public Utilities Commission means the state
won´t issue 12 and one-half billion dollars in energy bonds to repay the state general fund until next year. Angelides says any more delays could cause a nine
and one-third billion dollar deficit in the next fiscal year.

Feedback