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Tag: tobacco sales

As Tobacco Sales Fall, State Budget Suffers

February 20, 2012 | 9:56 am

As Tobacco Sales Fall, State Budget Suffers

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By Kendall Taggert, California Watch Fewer smokers is bad news for California‚Äôs budget. A major bond rating agency sounded an alarm this month, saying the state may have borrowed more than $4 billion against settlement money that might never materialize. A little more than a decade ago, 46 state attorneys general reached a settlement with […]

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