Quote:
The gap has two primary causes: The state has been living beyond its means for years by spending generously on all sorts of programs that the voters, the politicians and the special interests wanted. And the recession has hammered California's economy.
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It's going to be a very rough time for a lot of people... but you can only spend money that you don't have for so long before it comes back to bite. It's biting.
The sooner this gets over with, the sooner the rebuilding process can begin.
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