Quotes of the Day

Protesting the budget cuts in Hollywood, California.
Thursday, Jun. 25, 2009

Open quoteUnfortunately, the state's inability to balance its checkbook will now mean short-changing taxpayers, local governments and small businesses.Close quote

  • JOHN CHIANG,
  • California Controller, on the state's worsening financial situation and the possibility that it may have to issue IOUs
Photo: David McNew / Getty | Source: New York Times