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California’s education budget crisis: The story so far

In California, a faltering economy, a burst housing bubble and dwindling tax revenues are adding to a growing budget deficit that is projected to reach $18.9 billion in the 2010-2011 fiscal year. To combat the growing deficit, lawmakers have enacted sharp cuts across the state budget, including public education at all levels, from K-12 to the University of California. School systems trying to fill budget gaps have employed stimulus money, furloughed employees, deferred hiring, cut enrollment and increased fees. Over…