SACRAMENTO, Calif. (AP) - Gov. Arnold Schwarzenegger and
legislative leaders say they've reached a budget deal.
The governor and lawmakers say after nearly five hours of talks
Friday they agreed on a deal that breaks the record-long budget
impasse and attempts to close California's $19 billion deficit.
No details have been released, but the governor had indicated he
wouldn't sign a budget unless lawmakers agreed to series of pension
reforms he was seeking.
Senate President Pro Tem Darrell Steinberg say there was "not a
lot of celebrating," suggesting it was a tough compromise with
both sides making concessions.
Legislative leaders say they still need time to share details
with lawmakers before the budget can be put to a vote.