California faces its day of fiscal reckoning

author Published by Eddie Huey

California is looking at a budget deficit projected at more than $24 billion when the new fiscal year starts in July. That is more than one-quarter of the state’s general fund.http://www.google.com/hostednews/ap/article/ALeqM5iRGnvPzfCYCa9xXCbo2pS4KfTM4QD98BHNU02By Juliet Williams — Associated Press