{"id":9904,"date":"2008-12-02T03:30:41","date_gmt":"2008-12-02T03:30:41","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/schwarzenegger_declares_fiscal_emergency_in_california\/"},"modified":"2008-12-02T03:30:41","modified_gmt":"2008-12-02T03:30:41","slug":"schwarzenegger_declares_fiscal_emergency_in_california","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=9904","title":{"rendered":"Schwarzenegger declares fiscal emergency in California"},"content":{"rendered":"<p>Gov. Arnold Schwarzenegger declared a fiscal emergency Monday and called lawmakers into a special session to address California&#8217;s $11.2 billion deficit.<\/p>\n<p>The state&#8217;s revenue gap is expected to hit $28 billion over the next 19 months without bold action. The emergency declaration authorizes the governor and lawmakers to change the existing budget within the next 45 days.<\/p>\n<p>Without quick action, the state is likely to run out of cash in February.<\/p>\n<p><a href=\"http:\/\/www.breitbart.com\/article.php?id=D94Q55T80&#038;show_article=1\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gov. Arnold Schwarzenegger declared a fiscal emergency Monday and called lawmakers into a special session to address California&#8217;s $11.2 billion deficit. The state&#8217;s revenue gap is expected to hit $28 billion over the next 19 months without bold action. The<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=9904\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,151,596],"tags":[],"class_list":["post-9904","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-politics-in-general","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/9904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9904"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/9904\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}