Detailed text transcripts for TV channel - FOXNEWS - 20120201:12:38:00
Governor jerry brown says he needs the redevelopment funds to help close the state's budget gap. the agencies were created to help blighted neighborhoods but lawmakers decided to eliminate them last year. the state supreme court recently upheld the decision. we're going to take a closer look at the impact of the closures will have on local communities here in southern california. that's ahead at 5:30. california will run out of cash sometime in march unless it takes swift action to find another $3.3 billion. that's the conclusion of controller john chiang. he sent the bad news to state lawma...
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