With furloughs back and IOUs looming, Schwarzenegger threatens to hold budget ... - San Jose Mercury News
Tue, 24 Aug 2010 01:19:25 GMT+00:00
looming, Schwarzenegger threatens to hold budget ... San Jose Mercury News Controller John Chiang has warned that IOUs could be as little as two weeks away. Schwarzenegger says his final budget is a chance to fix the state. ... State defers schools, welfare program payments San Francisco Chronicle California Delays $2.9 Billion School, County Payments Amid Budget Impasse Bloomberg California to delay payments sooner than expected The Associated Press Bond Buyer  - Inside Bay Area  - PublicCEO.com (blog)

YOUR VIEW: Social Security IOUs only as good as US government - The Birmingham News - al.com (blog)
Tue, 31 Aug 2010 10:44:04 GMT+00:00
only as good as US government The Birmingham News - al.com (blog) One should remember that government bonds (in effect IOUs ) are only good if the entity that owes them has the ability to pay. This means we are fine as long ... Social Security pot is empty; the trust fund is a mirage Indianapolis Star

Wal-Mart Bonds Rising, IOUs Falling Signal Weaker Economy: Credit Markets - Bloomberg
Thu, 26 Aug 2010 23:35:21 GMT+00:00
Falling Signal Weaker Economy: Credit Markets Bloomberg Customers drive through the parking lot of a Wal-Mart Supercenter store in Charlotte. ... Wal-Mart Rising, IOUs Falling Show Weak Economy: Credit Markets San Francisco Chronicle Wal-Mart Rising, IOUs Falling Show Weak Economy: Credit Markets BusinessWeek

No end in sight to state budget deadlock - San Francisco Chronicle
Mon, 30 Aug 2010 06:35:30 GMT+00:00
San Francisco Chronicle State Controller John Chiang has said California could begin issuing IOUs in the next few days; and last week state leaders including Chiang said the state ... California gov calls 1st budget meeting at Capitol BusinessWeek California's Gift of Shame Reason Online Legislators hurting economy San Bernardino Sun Bond Buyer  - Appeal-Democrat  - Central Valley Business Times

Budget debate done, spending plan nowhere in sight - Los Angeles Times (blog)
Tue, 31 Aug 2010 20:48:45 GMT+00:00
Los Angeles Times (blog) ... session may be called once a deal is reache, but probably not before the state controller announces the state is out of cash and IOUs are on the way. ... Budget: One down, three to go Los Angeles Times (blog)

California a laughingstock (again) - LA Observed (blog)
Thu, 02 Sep 2010 00:51:42 GMT+00:00
LA Observed (blog) At some point both sides will be forced into cutting a deal, though probably not before the state starts handing out IOUs later this month. ...

The Need for Bi-Directional Education in the Smart Grid - Energy Collective (blog)
Mon, 30 Aug 2010 15:56:18 GMT+00:00
Energy Collective (blog) Investor Owned Utilities ( IOUs ) have a monopoly status in the USA that is regulated by state utility commissions. Depending on the state, IOUs are ...

Controller: Mere Weeks to More IOUs - PublicCEO.com (blog)
Wed, 11 Aug 2010 00:41:23 GMT+00:00
PublicCEO.com (blog) ... cash levels into October by deferring a major payment to schools, he will have to begin issuing IOUs by late August or early September to manage cash. ... California runs a billion-dollar deficit in first month of fiscal year Hot Air (blog) Schwarzenegger Says Deal on California Budget Deficit Possible This Month Bloomberg State Controller releases July 2010 cash figures Lake County News Bizjournals.com  - Bizjournals.com

Just a Bunch of Worthless IOUs? - Firedoglake (blog)
Fri, 27 Aug 2010 20:15:39 GMT+00:00
? Firedoglake (blog) The IOUs are in the form of special-issue Treasury bonds that are stored in an off-white, four-drawer filing cabinet in West Virginia. ...

Whitman criticizes Schwarzenegger for budget delay - BusinessWeek
Wed, 01 Sep 2010 22:27:59 GMT+00:00
BusinessWeek That almost would certainly mean that state contractors would be issued IOUs instead of checks. "It's about leadership, it's about focus, ...

Community clinics on losing end of state budget impasse - San Diego Union Tribune
Sun, 29 Aug 2010 13:05:33 GMT+00:00
San Diego Union Tribune And last week, Controller John Chiang said the state could start issuing IOUs . Community clinics aren't eligible for IOUs on Medi-Cal payments, ...

Governor appeals judge's furlough ruling - San Francisco Chronicle
Wed, 11 Aug 2010 07:08:16 GMT+00:00
San Francisco Chronicle "As long as the Legislature fails to produce a budget and the state faces IOUs , we will do what we must to reduce costs." The suit is one of several pending ... Schwarzenegger's latest furlough plan halted by judge MiamiHerald.com State Workers ksro gov files appeal to judge's ruling Capitol Weekly California Healthline  - Capital Notes (blog)

The IOU Monster Rises at a Unique Time - Fox and Hounds Daily (blog)
Fri, 20 Aug 2010 14:28:00 GMT+00:00
Monster Rises at a Unique Time Fox and Hounds Daily (blog) The Wall Street Journal's Stu Woo had it right when he wrote yesterday, "If California resorts to IOUs , it will be the latest humiliation for ...

Views and News: Nationalization of retirement - Lake County Record-Bee
Fri, 27 Aug 2010 05:16:21 GMT+00:00
Lake County Record-Bee The federal government has spent the retirement funds of an entire generation, about $2.5 trillion and the Treasury Department has issued IOUs ; ...

Schools plan for less cash - San Mateo Daily Journal
Thu, 26 Aug 2010 11:01:11 GMT+00:00
San Mateo Daily Journal As a result, payments are being held off and IOUs will be issued. Most recently, state financial officials disclosed a plan to delay scheduled payments to ...

Unreliable offer a disservice to school - Chicago Daily Herald
Fri, 27 Aug 2010 14:53:04 GMT+00:00
Chicago Daily Herald ... he admitted to staff writer Jameel Naqvi that the foundation didn't have a penny of that $4.3 million in hand - just a fistful of IOUs . ...

MPAC and the IOUs - Mountain Xpress
Wed, 11 Aug 2010 01:09:56 GMT+00:00
Mountain Xpress The Fourth of July has been and gone, but more than a month later, a holiday celebration in Weaverville ...

World Report - Windsor Star
Thu, 02 Sep 2010 05:05:42 GMT+00:00
Windsor Star ... looms for the state controller to issue IOUs to many expecting state payments to preserve the government's dwindling cash amid the budget impasse. ...

Checkbook Accounts: Unum Gets a Reality Check - Lawyers and Settlements
Thu, 02 Sep 2010 20:05:11 GMT+00:00
Lawyers and Settlements The checks are really IOUs because the money isn't in the bank and must be sent over to a bank by the insurance company. Because the accounts aren't ...

(Supposed) End of US Combat Role in Iraq - The New American
Tue, 31 Aug 2010 20:29:44 GMT+00:00
The New American In the meantime, maybe all IOUs signed by government officials connected with the CFR should be mailed to Feldman and his associates at the CFR's ...