SACRAMENTO, Calif. – Deep in debt and short on cash, California on Thursday churned out its first batch of IOUs in nearly two decades amid grumbles from bankers, growing public outrage and scant progress in negotiations to resolve the state’s widening budget... read the full story

Read more news about: Sacramento, California, State Controller’s Office

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Sacramento [...] [...]

California [...] SACRAMENTO, Calif. – Deep in debt and short on cash, California on [...] Calif. – Deep in debt and short on cash, California on Thursday churned out its first batch of IOUs [...]

State Controller’s Office [...] resolve the state’s widening budget deficit. The state controller’s office began rolling out nearly 29,000 IOUs totaling [...]

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