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California’s deficit balloons to over $25 billion

California faces a $25.4 billion budget deficit over the next 20 months – nearly double what some leading lawmakers predicted a week ago – and a solution to this newest crisis is expected to be far more difficult than…

http://www.sfgate.com/cgi-bin/article.cgi?f=%2Fc%2Fa%2F2010%2F11%2F10%2FMNJA1GA39R.DTL

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