State Nearly out of Cash

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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.

Credits

Guest:
Jason Dickerson - State Cash Management Analyst, California Legislative Analyst's Office

Host:
Warren Olney