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California May Have Deal to Close Budget Deficit, Schwarzenegger Aide Says

California Governor Arnold Schwarzenegger and lawmakers may have reached a deal to close a $19 billion budget deficit, the governor’s spokesman said.

“It looks like we have a deal,” the spokesman, Aaron McLear, said outside the governor’s private office in Santa Monica.

To contact the reporter on this story: Michael Marois in Sacramento at mmarois@bloomberg.net

To contact the editor responsible for this story: Mark Tannenbaum at mtannen@bloomberg.net

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