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California Budget

California Budget

A ”No Tresspassing” sign hangs from a fence surrounding an office complex in Sacramento, Calif. on Wednesday, Nov. 18, 2009 where construction was stopped earlier in the year. A report issued by the California Legislative Analyst’s office, Wednesday, stated that California could be facing a $21 billion budget deficit over the next one-and a half years. The report pins the blame on a deep recession, which has hit the construction industry hard, and poor budget decisions by Gov. Arnold Schwarzenegger and state lawmakers over the past year.

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