SAN FRANCISCO - As California Gov. Arnold Schwarzenegger yesterday signed a series of budget revisions to address the state's deficit and cash-flow troubles, the controller's office continued printing IOUs to pay many of the state's bills.

While the governor sealed last week's budget deal yesterday, it will take time to determine how the legislation will actually affect the state's cash flows, said Hallye Jordan, spokeswoman for Controller John Chiang.

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