Marianne Russ
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California has a new, dubious distinction: the lowest credit rating of any state. And that means taxpayers will be shelling out more when the state borrows money. Marianne Russ reports.
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California's state controller is preparing to delay nearly $4 billion in state payments next month and that has many business owners and social service program recipients bracing for the worst. Marian
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California lawmakers say they're getting down to the nitty-gritty of budget negotiations. The state is weeks from a serious cash shortage and legislative leaders and the governor met for hours Monday
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Governor Schwarzenegger's Administration has released a budget proposal that includes billions in cuts and tax hikes. The Governor was expected to release the plan himself next week, but instead his F
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More Californians will apparently be staying home for the holidays. Cynthia Harris at AAA says about 8.6 million Californians will travel 50 miles or more from home this holiday season. That's about
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Governor Schwarzenegger is ordering layoffs and pay cuts for state workers to help ease California's cash crunch. The Governor issued an Executive Order Thursday. It calls for workers to be furlough
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