Daily News Channel
It’s becoming a cliché: California lawmakers again fail to reach agreement on a budget. As California engages in a budget battle that has left the government of the world’s eighth largest economy slipping toward insolvency, Republican Governor Arnold Schwarzenegger and the Democratic legislative majority continue to search for one last Republican vote to pass a budget
Here is a breakdown of who gained, who lost and who survived in the final economic stimulus bill that the House and Senate are expected to vote on Friday: Winners High-speed and inner-city rail: Went from $300 million in House bill to $2.25 billion in Senate to $8 billion in final version. There also is a $6.9 billion provision for public transit.
The Obama administration’s $838 billion economic stimulus plan survived a key vote in the Senate, putting a compromise version of the bill on track for passage Tuesday.