SAN FRANCISCO — Despite California Gov. Arnold Schwarzenegger’s announcement late Thursday that he has withdrawn the authority that would be needed to issue revenue anticipation warrants, the state treasurer is prepared to move forward with a sale of revenue anticipation notes, according to a spokesman.

Schwarzenegger said his action, designed to encourage state lawmakers to take quick action on his budget-cutting proposals, has eliminated the state government’s ability to issue Raws, which are cash-flow notes that run beyond the course of a single fiscal year.

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