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Fixing California's Fiscal Mess

Mon 13 Jul 09 | 12:12 PM ET
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Fixing California's Fiscal Mess

Mon 13 Jul 09 | 12:12 PM ET
California is being hammered by the deep recession and rising unemployment, and the state's budget deficit is not at $26 billion. California State Treasurer Bill Lockyer discusses the situation with the CNBC news team.
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