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Fiscal Cliff Could Hit San Diego Hard

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Don Bauder, SAN DIEGO READER

Wednesday, August 22, 2012

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The National University System Institute for Policy Research earlier estimated that 2012's total output in the county would rise by 3.7% or $6.5 billion to $184.5 billion. A loss of up to $5.9 billion next year could lead to "a fiscal black hole, with impacts much worse than the economic downturn in 2008-2009," says Bruvold.