Detailed text transcripts for TV channel - FOXNEWS - 20110517:13:27:00
End. this is probably written into a contract somewhere, that they have to have 80 days, and be able to accumulate that. but 80 days is excessive by anybody's standards. they should go back to more of a private sector approach if they want to get that budget under control. the state auditor has actually said in 2006 and 2007, they had $1.9 billion worth of these payments coming down the road. now, this year, it's $3.5 billion. so this is going up and up and up, at a time when revenues are going down, down, down. alisyn: absolutely. california is in dire strait, so they need to do something and...
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