California IOU
California IOU

California IOU

No Sign of Deal to Close Deficit (Businessweek)

just a few days away two days away. The tenderloin might turn into a ghost town, and it might be like when Jerry Garcia died in 1995 and all the deadheads went back to their home state of realityland and got a job

Roughly $3 billion worth of IOUs will be issued in July unless a compromise on closing the deficit is reached quickly. They will be sent to state contractors, college students, welfare recipients, low-income seniors, the disabled and others who depend on or deliver social services.

iou (by auweia)