Associated Press
Legislative Analyst Mac Taylor displays a copy of his offices report on the state's fiscal outlook during a news conference in Sacramento, Calif., Wednesday, Nov. 14, 2012.  Taylor projected a much smaller deficit of $1.9 billion through the end of 20123 fiscal year in July 2013, as compared with the $15.7 billion deficit lawmakers faced earlier this year. (AP Photo/Rich Pedroncelli)

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