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Politics : IMPEACH GRAY DAVIS!

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To: Lazarus_Long who started this subject1/12/2003 10:50:07 PM
From: Julius Wong  Read Replies (2) of 1641
 
Behind California Budget Mess
Is Pattern of Political Paralysis

Conflicting Voter Initiatives, Partisanship Built
A $35 Billion Hole Tying Sacramento in Knots

By SCOTT THURM and RHONDA L. RUNDLE
Staff Reporters of THE WALL STREET JOURNAL

California Gov. Gray Davis says the state faces a shocking $35 billion budget gap over the next 18 months. That amount represents roughly $1,000 for each person in the state. In percentage terms, it's more than the budget shortfalls of most Latin American countries. Painful cuts in spending for education, health care and the poor are almost certainly on the way.

But for all of California's money troubles, the real problem in Sacramento is as much political as economic.

online.wsj.com
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