![Text by Mike Genest, Director, California Department of Finance](https://webarchive.library.unt.edu/web/20090112061817im_/http://gov.ca.gov/images/page/bloginator/authors/genest_home_text.gif)
1/10
![Permanent link to transcript](https://webarchive.library.unt.edu/web/20090112061817im_/http://gov.ca.gov/images/page/bloginator/file.gif)
- In a matter of weeks, California, the world's eighth largest economy, will run out of cash and delay making refunds to our hard-working taxpayers. Just yesterday, the Governor ordered that beginning in February, most state offices, like the DMV, will be forced to close the first and third Fridays of each month. The people of California deserve better.