Follow Newser on Twitter   Friend Newser on Facebook
Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook

California Begins Printing IOUs

By John Johnson,  Newser Staff

Posted Jul 2, 2009 7:49 PM CDT

(Newser) – Thousands of Californians still waiting for their state tax returns will open their mail to find an IOU instead of a check. Unable to close a gargantuan budget deficit, the state began printing a $53 million batch of IOUs this afternoon, the Los Angeles Times...   Read full story »

COMMENTS
You need to Log in to Newser to comment. Don't have an account yet? Sign up now!
5 comments
A snapshot of the day's best news stories.
 

More Newser Stories

Calif. May Need to Issue IOUs Next Week

Schwarzenegger Drops State Workers to Minimum Wage

Across US, Students Decry Budget Woes

Obvious Guy to Fix Calif.: Guy Who Broke It?

Recession Sparks Efforts to Legalize Pot


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   Timelines   |   Geek Sugar   |   Business Insider   |   HuffPost Entertainment