Challenges for California to be addressed
It is being reported by financial times on the internet that the state of california is facing a shortfall in its budget to the amount of 40 billion us dollars over its current the next fiscal year and it is being expected that the state will run out of cash by february with is not too far!
I believe this is an indication of an extraordinary economic problem which is gripping not only any specific area but in fact major world economies such as even the United States of America and all countries from all over the whole world.
The governor has made a call to the lawmakers in the state to plan for unpaid forloughs for the government employees in the state and completely stopping new government recruitments in the state.
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