Summary
The news just gets worse.
As a dysfunctional Legislature continued to bicker over a budget that is bleeding red ink by the billions of barrels, California's bond rating dropped two notches to BBB, a reflection, in one rating agency's opinion, of fears the state is slipping further into economic chaos.See the full content of this document
Extract
State Sinking in Sea of Red
What that means to your grandchildren is billions more in interest payments the state will ...
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