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IPFS News Link • Economy - Economics USA

California Budget Talks Falter as Treasurer Warns of Junk Debt

07-17-2009 • Bloomberg.com

“With every passing day, the state’s credit rating moves closer and closer to the junk pile,” Lockyer said in a statement. “If the Governor and Legislature dump us on that pile, they will end indefinitely the state’s financial ability to...

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Reported By Jack Gregson

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