California lawmakers have ended the longest budget impasse in state history, approving a roughly $145 billion spending plan that relies on accelerated income tax payments rather than borrowing or new taxes.
Lawmakers acknowledged the proposal would get the state through its current fiscal year by closing a $15.2 billion deficit but would not solve California's persistent fiscal problems.
The final action in the Assembly came shortly after 2 a.m. Tuesday on the 78th day of the fiscal year, the latest date the Legislature had ever passed a spending plan. The Senate approved the package of budget bills earlier in the morning.
Despite the apparent end to this summer's grueling budget battle, it was not immediately clear whether Gov. Arnold Schwarzenegger would sign the bill sent to his desk.
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