Capitol Alert: State cash hole deepens: "'Without immediate solutions from the governor and Legislature, we are less than 50 days away from a meltdown of state government,' Chiang said in a statement. 'A truly balanced budget is the only responsible way out of the worst cash crisis since the Great Depression.'
Chiang has said the state will run out of cash in July, projecting a $2.78 billion cash deficit on July 31."
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So, is everybody in denial, or are these predictions accurate? Fred Pilot sent this link and the whole thing is his fault.
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