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Delays In Paying State Power Bill Could Be Trouble For State Budget

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State officials are warning that continued delays in approving a 12 billion dollar bond sale to replenish
California´s general revenue fund could be a knockout blow to the state´s already faltering budget.

They´re scrambling to resolve a three-way impasse
between Governor Davis, his appointed California Public Utilities Commission, and the state Legislature.

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  • Media
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