January 31, 2012
California is out of Cash. So…Who is Surprised?
If I didn’t live here…I might laugh. As it is…it makes me want to cry.
“California will run out of cash by early March if the state does not take swift action to find $3.3 billion through payment delays and borrowing, according to a letter state Controller John Chiang sent to state lawmakers today.”
If you can stomach it, the full story is here.
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