IOU: I owe you (借用書)

Previously I reported about the policy by California Governor Arnold Schwarzenegger in the article, Terminator's policy (June 6, 2009). I didn't know the financial situation was so difficult at that time. Yesterday he declared fiscal emergency. We should notice future trends.

California government declares fiscal emergency over budget (Reters, Jul 1, 2009)
SAN FRANCISCO (Reuters) - California Gov. Arnold Schwarzenegger on Wednesday declared a fiscal emergency to force lawmakers into a special session to tackle a state budget gap that has widened to $26.3 billion from $24.3 billion after they failed to close it on Tuesday....
That cleared the way for state officials to suspend payments owed to vendors and local agencies, who instead will get "IOU" notes promising payment....
"Though the legislature failed to solve our budget problem yesterday, rest assured that solving the entire deficit remains my first and only priority, and I will not rest until we get it done. I will not be a part of pushing this crisis down the road -- the road stops here," Schwarzenegger said in a statement.

"I will not rest until we get it done"... Will he be all right? He seems the real Terminator!

前に、カリフォルニア州知事のアーノルドシュワルツェネッガー氏による政策について、Terminator's policy (June 6, 2009)、で紹介しました。その時は、州の経済状況がそんなに困難だとは知りませんでした。昨日、彼は財政危機の宣言を行いました。今後の動向が注目されます。

カリフォルニア州知事は予算に関しての財政危機を宣言する (ロイター, Jul 1, 2009)
SAN FRANCISCO (Reuters) - カリフォルニア州知事アーノルドシュワルツェネッガーは水曜日に、財政非常事態宣言を発し、議会に243億ドルから263億ドルに拡大した財政赤字に対処するため特別会議の開催を、火曜日に合意に至らないままの閉会したのをうけて要請した。。。