The report says the additional gap will be $6 billion in the new fiscal year that starts July 1, plus $2 billion that is needed for a cash reserve.
Unless Gov. Arnold Schwarzenegger and lawmakers take action, analyst Mac Taylor says the deficit will grow to $12.6 billion in 2010-11.
Taylor is recommending the state save as much federal stimulus money as possible.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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