State leaders reach budget agreement
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Gov. Arnold Schwarzenegger and top lawmakers said Friday night that they have reached a deal to close the state’s $19.1-billion deficit.
Senate President Pro Tem Darrell Steinberg (D-Sacramento), flanked by three other legislative leaders, proclaimed a “comprehensive agreement,” although he offered no details about what it contained.
“The details will come out next week,” said Aaron McLear, Schwarzenegger’s press secretary.
Lawmakers promised a full hearing on the deal early next week and a vote of the Legislature as early as Thursday.
Friday’s announcement came after a five-hour negotiating session.
“Nobody’s celebrating here,” Steinberg said of what would become the latest budget in state history.
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