Dialogue 09/07/23 Faltering California on the verge

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Intro:

Few people believe that California would be terminated financially by Arnold Schwarzenegger, the governor, amidst the current financial crisis. But, California is facing a staggering 26 billion US dollar budget deficit. Local lawmakers in this most populous state of the US failed to pass a budget plan last month to live up to the deadline in June. Why did the former Hollywood superstar fail to carry out his campaign pledge of bringing financial stability to California?

Background report: