California: Jerry Brown, California Politicians Lay Out Grim Realities

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Future threats to the state's fiscal health are adding to the current ailments. The state faces as much as $500 billion in future pension liabilities, a depletion by $10.3 billion in the unemployment insurance fund, $15.3 billion in costs for borrowing and $3.5 billion for health care reforms.

For much more, see For more, see Jerry Brown, California Politicians Lay Out Grim Realities by Steven Harmon, December 9, 2010 at MercuryNews.com.