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Oil-rigged states face a full-blown economic budget crisis

JUNE 28, 2016 | by Scott Cohn | CNBC

By Scott Cohn, includes "… Legislators in a handful of oil-rich states are struggling to do the seemingly impossible as the 2016 fiscal year draws to a close this week: balancing their budgets, as required by law, despite massive declines in revenues due to falling oil prices…” (Note: see this “Bill’s Blog” post last week, “Texas isn’t Venezuela, but …")

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