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Keyword: borrowingstrategy

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  • CA: Taxes, cuts, borrowing strategy to solve state budget woes

    05/13/2003 3:37:40 PM PDT · by NormsRevenge · 10 replies · 157+ views
    Sac Bee ^ | 5/13/03 | AP - Sacramento
    <p>Gov. Gray Davis will propose solving California’s budget crisis through a combination of new taxes, program cuts and borrowing, sources said Tuesday.</p> <p>The governor’s revised May budget, set for release Wednesday, calls for a much-anticipated increase in the car tax as well as a half-cent increase in the state sales tax.</p>