{"id":10094,"date":"2008-12-10T23:31:06","date_gmt":"2008-12-10T23:31:06","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/california_running_out_of_money\/"},"modified":"2008-12-10T23:31:06","modified_gmt":"2008-12-10T23:31:06","slug":"california_running_out_of_money","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=10094","title":{"rendered":"California running out of money"},"content":{"rendered":"<p>California lawmakers just got a Henry Paulson-like ultimatum from state officials: If they don&#8217;t act, the state could be forced to suspend road, bridge, and other public-works projects as early as next week. Come March, California will be out of cash for even day-to-day operations.<\/p>\n<p>A confluence of the national recession and years of legislative budget games is squeezing the Golden State as never before. Although it&#8217;s not the largest budget gap the state has ever faced, this time it will be harder for California to get help from private lenders. Standard &#038; Poor&#8217;s now ranks it lower than any other state except Louisiana, which shares the same rating.<\/p>\n<p><a href=\"http:\/\/news.yahoo.com\/s\/csm\/20081210\/ts_csm\/abellyup\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>California lawmakers just got a Henry Paulson-like ultimatum from state officials: If they don&#8217;t act, the state could be forced to suspend road, bridge, and other public-works projects as early as next week. Come March, California will be out of<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=10094\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,151,596],"tags":[],"class_list":["post-10094","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-politics-in-general","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/10094","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10094"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/10094\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}