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Black Gold Rush

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The housing market collapse devastated the Golden State at the same time it faced a fiscal reckoning brought on by decades of piling up long-term debt. Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. .

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California is Rolling in Dough

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We tend to come down on the rainy-day side of these discussions, since many of the states who suddenly find their pockets bulging still have large debt obligations, including massive pension payments. We sincerely hope they make their fiscal choices wisely moving forward.

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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

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The Carlyle Group LP-owned company, which had been co-headquartered in Baltimore and Houston, said it would use bankruptcy to restructure debt and sell its assets to EQT Infrastructure in a $455-million deal, according to a report in the Baltimore Sun. The company filed for a Chapter 11 reorganization of its debts in U.S.

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Bridging the Future of Construction: A Spotlight on 6 Young Changemakers 

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It is still a huge amount of money even when it comes to student debt. Bryce Merrill, Senior, West Campus High School, Sacramento, CA Tell us about your submission. It will definitely help me get closer to my dream major because it gives me more leeway when considering colleges. What impact do you hope to make in the industry?

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area.

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STATE INCENTIVES GUIDE

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Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. Funds cannot be used for debt refinancing or contingency funding. The program ends December 2016. EMPLOYEE TRAINING PROGRAMS.

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