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California sell-off plan appears to have a high cost

April 15, 2010 2:16 AM

SACRAMENTO, Calif. (AP) - Gov. Arnold Schwarzenegger's plan to sell two dozen state office buildings would cost California taxpayers $5.2 billion in rent over the next 20 years. According to financial documents analyzed by The Associated Press, the long-term price of leasing is far more than the state stands... more »

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