Schwarzenegger Drops Loan Amid Record Budget Impasse

Signage stands outside the offices of the California Public Employees' Retirement System (Calpers) in Sacramento, California, U.S., on Monday, Sept. 13, 2010. California Governor Arnold Schwarzenegger backed off a proposal to borrow $2 billion from the California Public Employees' Retirement System to help balance a state budget now almost three months overdue. Photographer: Ken James/Bloomberg via Getty Images
Signage stands outside the offices of the California Public Employees' Retirement System (Calpers) in Sacramento, California, U.S., on Monday, Sept. 13, 2010. California Governor Arnold Schwarzenegger backed off a proposal to borrow $2 billion from the California Public Employees' Retirement System to help balance a state budget now almost three months overdue. Photographer: Ken James/Bloomberg via Getty Images
Schwarzenegger Drops Loan Amid Record Budget Impasse
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Bloomberg / Contributor
Editorial #:
104213046
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Bloomberg
Date created:
13 September, 2010
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Bloomberg
Object name:
CALIFORNIA BUDGET
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