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California Has a $68 Billion Budget Deficit With Only $30 Billion in Reserves
by Mish Shedlock‚ Mish Talk: The boom-bust cycle in California is back to bust again. Governor Newsom faces some tough economic and political choices. My‚ How Things Change Jan 11‚ 2023: Cal Matters As California’s state budget morphs from a $97.5 billion surplus to a multi-billion-dollar deficit‚ it’s another reminder about the volatility of the […]
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