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Budget deception: weird accounting diminishes accountability

JUNE 15, 2016 | by Jon Coupal | METROPOLITAN NEWS-ENTERPRISE (CALIFORNIA)

By Jon Coupal, includes "A few weeks ago, this column attempted to provide some clarity to ordinary citizen taxpayers on basic state budget issues. … Those budget issues are confusing enough but there is something else going on that confounds even those of us who have at least some familiarity with government finance. Specifically, California has manipulated accounting rules that are, at best, confusing and, at worse, intended to conceal the true condition of state finances..."

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