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CALIFORNIA BROKE? State Could Run Out Of Money In Two Months, Says Official

The Latest on Air America found this 12/23/2008 on huffingtonpost.com

SACRAMENTO, Calif. — California's chief financial officer warned Monday that the state would run out of money in about two months as hopes of a Christmas budget compromise melted into political finger-pointing by the end of the day. Republican Gov. Arnold Schwarzenegger began the day ...