Calif., States Face Tough Budget Choices

Judy Lin, Phoenix Arizona Republic: Business
Wed, 07/01/2009 - 9:46am

SACRAMENTO, Calif. - Legislators in more than a half-dozen states, their revenues evaporating in the recession, frantically worked to stave off government shutdowns and devastating service cuts. California failed to meet a midnight deadline and now may need to issue IOUs instead of paying bills.

Topics: calif legislators states

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Calif., States Face Tough Budget Choices

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