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Archive for May 14th, 2008

Gov. To Propose Lottery Borrowing to Close Deficit (CBS 13 Sacramento)

Gov. Arnold Schwarzenegger has released a $144.3 billion state budget that eliminates a massive deficit by selling lottery bonds and cutting billions in state programs.

Schwarzenegger Proposes Lottery Borrowing (KCRA 3 Sacramento)

Gov. Arnold Schwarzenegger on Wednesday released a $144.3 billion state budget that eliminates a massive deficit by selling lottery bonds and cutting billions in state programs.

Governor Wants to Borrow from Lottery or Raise Taxes to Avoid School Cuts (FOX 6 News San Diego)

Schwarzenegger proposes borrowing from lottery or increasing sales tax to avoid education cuts.

Schwarzenegger to propose borrowing against lottery (Boston Herald)

SACRAMENTO, Calif. - Gov. Arnold Schwarzenegger will propose borrowing against future state lottery revenue to help close a $15.2 billion budget deficit, administration officials…

Schwarzenegger seeks to privatize state lottery (San Jose Mercury News)

SACRAMENTO - Gov. Arnold Schwarzenegger will propose using the state lottery to help close a budget gap now estimated at $17.

Schwarzenegger to propose borrowing against lottery (AP via Yahoo! Finance)

Gov. Arnold Schwarzenegger will propose borrowing against future state lottery revenue to help close a budget shortfall estimated as high as $20 billion, administration officials told The Associated Press.

Governor eyes lottery profits to fix state budget (San Francisco Chronicle)

- Gov. Arnold Schwarzenegger will unveil a spending proposal today that calls for borrowing against future profits from the state lottery to help close what is expected to be a $15.2 billion budget deficit in the new fiscal year, administration officials…

Schwarzenegger to propose lottery borrowing (San Diego Union-Tribune)

Gov. Arnold Schwarzenegger on Wednesday will propose borrowing against future state lottery revenue to help close a $15.2 billion budget deficit in the next fiscal year.

Caribbean casino firm has eyes on District’s lottery contract (The Washington Examiner)

A Caribbean casino company with ties to two of Washington’s high-profile businessmen is vying for control of the city’s lucrative lottery contract, The Examiner has learned.

Schwarzenegger to propose lottery borrowing to close deficit (The Desert Sun)

Gov. Arnold Schwarzenegger on Wednesday will propose a plan to close the state’s $15.2 billion deficit by borrowing against future state lottery revenue and making cuts to some state programs.