NEWS STORY: California’s Running Low On Cash

Bloomberg.com reports that California may delay paying some of its bills in March 2010 because its cash reserves are running low. Though, tax revenues should allow the state to meet some of these short-term bond obligations in the following months, they won’t help California’s credit rating, which is the worst of any state in the union.

Click Here to read the new story.

back to top
Filed Under: News
Sign up now to receive FREE tax payer updates via email.

The Howard Jarvis Heritage Society

Your planned gift can help sustain our work and give you tax advantages in return.

LEARN MORE