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IPFS News Link • Economy - Economics USA

44 States Face Huge Budget Shortfalls

1-04-09 • Michael Shedlock / Mish

The California 2010 deficit is now projected to be $25 billion, a whopping 24.8% of the Fiscal Year 2009 General Budget. However, how can anyone have any confidence in the numbers when the projected deficit is revised higher every month?

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Reported By Jack Gregson

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44 States Face Huge Budget Shortfalls

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