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Archive Home > 2009 > May > 23 > For California, a day of fiscal reckoning

For California, a day of fiscal reckoning

By Juliet Williams / The Bulletin
May 23, 2009

SACRAMENTO, Calif. — The day of reckoning that California has been warned about for years has arrived.

The longest recession in generations and the defeat this week of a package of budget-balancing ballot measures are expected to lead to state spending cuts so deep and so painful that....

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