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Shafter, CA

May 14, 2008

Schwarzenegger's lottery bond proposal leaves many questions

“While we support looking at ways to make the lottery more profitable to taxpayers, we have concerns about linking those reforms to a tax hike.”

Gov. Arnold Schwarzenegger is hoping to raise $15 billion to jump-start a rainy day budget reserve by borrowing against future state lottery revenue, although administration officials bristle at the notion that ... via The Modesto Bee

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