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State may need to issue IOUs

By Jeremy Duda

Published: August 12, 2009 at 7:38 pm

Arizonans may no longer be able to take pride that things here haven’t gotten as bad as in California. State Treasurer Dean Martin said Arizona may need to start issuing IOUs if the Legislature and Gov. Jan Brewer fail to approve a budget by Aug. 17. California gained national notoriety earlier in the year when started issuing IOUs …

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