- Making News: Republican and Democratic Presidential Fundraising
As Democrats jockey for next year-s presidential nomination, Vermont-s former Governor Howard Dean has generated a lot of the early buzz among political insiders. Yesterday, he stunned the insiders by generating a lot of money. Jill Lawrence, who follows politics for USA Today, says Dean's $7-million campaign intake topped the Democrat's nine-candidate field.
- Reporter's Notebook: California Fails to Meet Budget Deadline
With its resources, wealth and Hollywood image, America's most populous state is both envied and resented. Last night, its legislature failed to meet a midnight deadline to pass a new budget, leaving California on borrowed money and at the verge of financial and political chaos. Jack Kyser, chief economist at the nonprofit Los Angeles Economic Development Corporation, considers the implications for the rest of the nation.
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