California facing bankruptcy - Fox29 WFLX TV, West Palm Beach, FL-news & weather

California facing bankruptcy

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    Florida State removes statue of founder, slave owner Eppes

    Friday, July 20 2018 11:17 AM EDT2018-07-20 15:17:52 GMT
    Friday, July 20 2018 11:25 AM EDT2018-07-20 15:25:26 GMT

    Eppes was once commemorated as the founder of FSU, and until early Thursday morning his statue was on the school's Westcott Plaza.

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    Eppes was once commemorated as the founder of FSU, and until early Thursday morning his statue was on the school's Westcott Plaza.

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    (AP Photo/Andrew Harnik). President Donald Trump speaks to members of the media as he meets with members of Congress in the Cabinet Room of the White House, Tuesday, July 17, 2018, in Washington. Trump says he meant the opposite when he said in Helsink...(AP Photo/Andrew Harnik). President Donald Trump speaks to members of the media as he meets with members of Congress in the Cabinet Room of the White House, Tuesday, July 17, 2018, in Washington. Trump says he meant the opposite when he said in Helsink...

    Rebuked as never before by his own party, including a stern pushback from usually reserved Senate Majority Leader Mitch McConnell, the U.S. president sought to end 27 hours of recrimination by delivering a rare admission of error.

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    Rebuked as never before by his own party, including a stern pushback from usually reserved Senate Majority Leader Mitch McConnell, the U.S. president sought to end 27 hours of recrimination by delivering a rare admission of error.

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  • Marriott hotels eliminating plastic straws by 2019

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    Wednesday, July 18 2018 12:25 AM EDT2018-07-18 04:25:22 GMT
    Wednesday, July 18 2018 10:47 AM EDT2018-07-18 14:47:09 GMT
    The world's largest hotel company said the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019. (Source: Pixabay, File)The world's largest hotel company said the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019. (Source: Pixabay, File)

    The world's largest hotel company said the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019.

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    The world's largest hotel company said the move will eliminate approximately 1 billion straws and 250 million stirrers by July 2019.

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Posted by Rachel Leigh email

SACRAMENTO, CA (WFLX) - If budget issues don't get resolved this week, the entire state of California could go bankrupt.

The state controller, John Chiang warns if an agreement to address the state's $42 billion budget shortfall isn't reached by February 1, he'll stop paying unemployment and hand out IOU's instead of legislators paychecks, student loan checks and tax refunds.

The deadlock over the budget put the democrat-controlled legislature and republican governor at odds over spending cuts.

Tax increases and the governor's plan to suspend environmental restrictions so public works projects can get off the ground.

Chiang said, "We are the eighth largest economy; we have the 50th or we are tied of last in the credit ratings. We are a world economic power, but we have fiscal mismanagement in this state."

Governor Schwarzenegger also made a personal appeal to President Obama for federal help.

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