The one-day, $1-billion California budget gimmick that has lasted for almost a decade

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The one-day, $1-billion California budget gimmick that has lasted for almost a decade
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Back in 2009, California legislators came up with a way to shave $1.6 billion off the budget without making any cuts: Move $1.6 billion in payments back one day, to the next fiscal year. “We’re getting rid of that gimmick,” Gov. Gavin Newsom said.

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