Reuters: California budget gap now seen nearing $42 billion

[chris]

California budget gap now seen nearing $42 billion
      

SAN FRANCISCO (Reuters) - California faces a $41.8 billion shortfall for its combined current and next fiscal years, up from a prior $28 billion estimate as its economy weakens and revenues decline, the director of the state's Department of Finance, said on Thursday.<div class="feedflare">
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