Gov. Arnold Schwarzenegger isn't calling a special session today to address a "fiscal emergency." But the Republican governor is announcing that he will declare a fiscal emergency and a special session of the Legislature to address it on Jan. 10, 2008.
The proclamation and special session will be called the same day Schwarzenegger unveils the budget.
For the current year, the budget is facing a $3.3 billion shortfall, the administration reports.


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