Bailing Out California

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The latest budget deficit will be at least $20 billion, and Governor Schwarzenegger wants Washington to help make up the difference. Without $8 billion in new federal money, he says welfare and two tax breaks for big corporations may go by the boards.  Shane Golmacher reports from Sacramento for the Los Angeles Times.

Credits

Guest:
Shane Goldmacher - Politico - @ShaneGoldmacher

Host:
Warren Olney

Producers:
Katie Cooper, Karen Radziner