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By Zachary Karabell
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AP photo / Rich Pedroncelli

California’s Cash Crunch: Ay, Caramba!

California is running short on cash fast—$23 billion short. According to chief legislative budget analyst Mac Taylor, the Golden State may not have enough moolah to keep it going through July, and this after across-the-line tax hikes approved in the February budget package.

Posted on May 7, 2009 READ MORE


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