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California faces record $68 billion budget deficit, nonpartisan legislative analyst says

Por: WPLG Local 10 Nation December 07, 2023

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SACRAMENTO, Calif. – California is facing a record $68 billion budget deficit, state officials announced Thursday, forcing hard choices for Democratic Gov. Gavin Newsom in his final term as he works to build his .The nation's most populous state — with an economy that is the fifth largest in the world — has been struggling since last year because of the rising prices of most goods and services and how the U.S. government has been... + full article



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