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California Nears Financial "Meltdown" as Revenues Tumble

California's government risks a financial "meltdown" within 50 days in light of its weakening May revenues unless Governor Arnold Schwarzenegger and lawmakers quickly plug a $24.3 billion budget gap, the state's controller said on Wednesday. <p><a href="http://feedads.g.doubleclick.net/~at/FYYX6EvomUP1H26WyVePpyRfzuU/0/da"><img src="http://feedads.g.doubleclick.net/~at/FYYX6EvomUP1H26WyVePpyRfzuU/0/di" border="0" ismap="true"></img></a><br/> <a href="http://feedads.g.doubleclick.net/~at/FYYX6EvomUP1H26WyVePpyRfzuU/1/da"><img src="http://feedads.g.doubleclick.net/~at/FYYX6EvomUP1H26WyVePpyRfzuU/1/di" border="0" ismap="true"></img></a></p><img src="http://feeds2.feedburner.com/~r/digg/popular/~4/bMAlo1mZAms" height="1" width="1"/>