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IPFS News Link • Economy - Economics USA

California has budget deal, no tax raises

• Reuters
California Governor Arnold Schwarzenegger and top lawmakers told reporters on Monday evening they had reached an agreement to close a $26.3 billion deficit to balance the state's budget, ending weeks of lengthy and often tense negotiations.

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Comment by Powell Gammill
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If California can do it without raising taxes -- and making cuts instead -- why can't Arizona governor.