Which Way, L.A.?
State Nearly out of Cash
With state finances already close to the breaking point, the ongoing recession has caused another emergency. The nonpartisan Legislative Analyst says California is $20 billion short of the cash to pay its bills for the next several months. Jason Dickerson is a deputy in the Legislative Analyst's office.
By Warren Olney • • 1 min readWith state finances already close to the breaking point, the ongoing recession has caused another emergency. The nonpartisan Legislative Analyst says California is $20 billion short of the cash to pay its bills for the next several months. Jason Dickerson is a deputy in the Legislative Analyst's office.
