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  1. #1
    Believe.
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    Calif. tax refunds to be delayed starting Feb. 1

    Jan 16, 3:40 PM (ET)

    p {margin:12px 0px 0px 0px;}SACRAMENTO, Calif. (AP) - California's controller says he will begin a 30-day delay on tax refunds and other payments starting Feb. 1 because the state is running out of money.
    Controller John Chiang said Friday he must delay $3.7 billion in payments next month because lawmakers have failed to address California's growing deficit.
    With a $41.6 billion shortfall over the next year-and-a-half, the state is on the brink of issuing IOUs.
    Chiang says his office must continue education and debt payments but will defer money for tax refunds, student aid, social services and mental health programs.
    A severe drop in revenue has left the state's main bank account depleted. The state had been relying on borrowing from special funds and Wall Street investors; those options are no longer available.

    http://apnews.myway.com/article/20090116/D95OF36O0.html

    I love it.

  2. #2
    United Autodidact Society Shastafarian's Avatar
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    You love it when other people don't get money due to them? That's not very neighborly.

  3. #3
    I Feel You Def Rowe's Avatar
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    Yes... California, what a terrible part of the country. Those people are silly.

  4. #4
    Veteran Wild Cobra's Avatar
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    Yes... California, what a terrible part of the country. Those people are silly.
    They did it to themselves with the people they elect into office.

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