S&p Issues Warning On California Finances

By Chris Megerian, Los Angeles Times
Tue, 05/15/2012 - 5:16pm

The ratings agency Standard & Poor's warned on Tuesday that it could downgrade California's financial outlook if lawmakers don't pass a credible budget plan this year.

Sections: news u.s.

Topics: california california budget crisis california budget deficit credit rating rating agency standard & poor's state budget

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