Archive for May 12th, 2012

California’s Budget Woes »

California’s state budget is now facing a $16 billion shortfall, much larger than it appeared in a January forecast. In a recent post I compared California’s recent budget growth with Florida’s, and noted that while California’s budget has grown by 5.6% since 2006, Florida’s state budget shrank by 5.3%. If California’s budget shrank during...
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