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IPFS News Link • Economy - Economics USA

California: Schwarzenegger Calls for Tax Increases, Budget Cuts

11-06-08 • CalculatedRisk.blogspot.com

Gov. Arnold Schwarzenegger unveiled a plan today for a steep sales tax increase, new levies on alcoholic drinks and the oil industry, and deep cuts in services to wipe out a budget shortfall that is expected to swell to more than $24 billion by the m

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