Calif. could run out of cash in 2 months

SACRAMENTO -- California will run out of cash in two months unless lawmakers act swiftly to close a widening deficit and pass a budget, two state finance officials warned Friday.

Failure to balance the state's books quickly will trigger a financial storm much greater than the one the state endured this past winter, when it stopped infrastructure projects and delayed payments to vendors and refunds for taxpayers...

[Unbelievably {sadly, 'not'}, all indications are we'll actually have to tell them to cut spending now - they're still in delusion...]

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