State leaders reach budget agreement
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.
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox three times per week.
You may occasionally receive promotional content from the Los Angeles Times.
