LOS ANGELES -- Gov. Pete Wilson of California on Saturday abandoned his efforts to suspend guaranteed funding levels for public schools, a decision that could break a legislative logjam over addressing the state's $14.3 billion deficit.
Gov. Wilson's action is significant because a June 15 constitutional deadline is looming for state leaders to reach a budget agreement. That deadline often has been ignored in past years when there were minor budget problems, but state officials are worried they may face a credit downgrading unless the massive budget deficit is addressed promptly this spring.