California Needs Multi-Billion Dollar Bailout From Federal Government

03/18/2010 05:12 am ET | Updated May 25, 2011
  • STU WOO and JIM CARLTON Wall Street Journal

Republican Gov. Arnold Schwarzenegger asked for $6.9 billion in federal funds in his state-budget proposal Friday and warned that state health and welfare programs would be threatened without the emergency help.

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