Be very worried when a Nazi threatens a state of emergency

[Dig]

Schwarzenegger Will 'Declare Fiscal Emergency' In Weeks
http://www.nbc11.com/news/14858065/detail.html
POSTED: 2:06 pm PST December 14, 2007



Gov. Arnold Schwarzenegger said Friday he will declare a "fiscal emergency" in January to give him and the Legislature more power to deal with the state's growing deficit. Schwarzenegger made the announcement Friday after meeting with lawmakers and interest groups this week to tell them California's budget deficit is worse -- far worse -- than economists predicted just a few weeks ago. The shortfall is not $10 billion, but more than $14 billion -- a 40 percent jump that would put it in orbit with some of the state's worst fiscal crisis, those who have met with him said.