The poster child for the ills of progressivism and public sector unions, California, has yet to pass a state budget for the upcoming fiscal year, with the legislature apparently in full denial mode as to any need to cut spending. The state comptroller announced today that, without an approved budget, it will begin issuing IOU's at the end of this month.
Friday, August 13, 2010
California Broke-n
Posted by GW at Friday, August 13, 2010
Labels: bankruptcy, budget, California, progressive
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