LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy
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FEBRUARY 28, 2013
Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. The nation’s largest state has been painfully taking its fiscal medicine in huge dollops during the past four years, in the form of deep budget cuts and huge tax increases.
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