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new frontiers in state fiscal policy



I don't know if you non-Californians heard this, but the new idea that Ah-Nold has for dealing with the CA state deficit is to _borrow_ the money. I'm sure that involves paying higher interest rates than does issuing bonds...

Jim

-------------------

by Seth Sandronsky

World attention. That's what the inauguration on Mon., Nov. 17 of Gov.-elect
Arnold Schwarzenegger has brought to Sacramento, the Golden State's capital.

World media is focused on many details of the film actor turned politician.
He is the man of the hour, the GOP's "white knight" set to begin a
housecleaning of state government.

Balance California's budget. Enhance public schools.

Revive business profits. Cut government red tape.



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