It is being reported that the California budget deficit could reach 20 billion. Originally the deficit was thought to be around 15 billion. State house members are now wondering whether Governor Schwarzenegger has enlarged the deficit to create pull for his budget measures - Liar (Liad). The Chronicle is currently the only source reporting these new numbers. Regardless of who is right in the political sense, this situation just got blown out of the water if this number is accurate.
Chron
Not Just California
AP - Picture of States Budgets For Fiscal 09
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