California's Lockyer Interview on Fiscal Policy, Economy

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March 9 (Bloomberg) -- California Treasurer Bill Lockyer talks about the challenges drafting state fiscal policy and economic growth outlook. State lawmakers in Sacramento are scheduled to begin voting as early as tomorrow on Governor Jerry Brown's package of budget bills and companion measures that would slash spending by $12.5 billion. Lockyer, speaking with Mark Crumpton on Bloomberg Television's "Bottom Line," also discusses the performance of the municipal bond market. (Source: Bloomberg)

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