Arnold raises stakes on budget  Gov. Arnold Schwarzenegger is
considering an order that would slash the paychecks of hundreds
of thousands of state workers to the federal minimum wage until
the state budget impasse is resolved. Mike Zapler in the Mercury
News.  The workers would be entitled to recover the difference
between their salaries and the minimum wage – $6.55 an hour –
once the state enacts a budget and appropriates the money, under
an executive order that the governor’s office has drafted and
that he is considering signing next week.  But the delay would
help the state through an immediate cash crunch, as well as add
pressure to legislators who failed to resolve their differences
and pass a budget, as required, by the July 1 start of the
fiscal year.  Facebook Twitter Plusone Digg Reddit Stumbleupon
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