On September 15, after the longest budget stalemate in California's history, lawmakers approved a 2008-09 spending plan. On September 16, the Governor held a press conference announcing that he will veto the budget, sending lawmakers back to the drawing board. The following summary notes key differences between the approved spending plan and the plan approved by the Budget Conference Committee in July. The CBP will prepare a more detailed analysis of the budget agreement when a final spending plan becomes law.

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