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Long budget impasse could cost San Diego $15 billion

Study says that without lifting debt ceiling and reaching budget pact, cuts could go deep

Dean Calbreath, SAN DIEGO UNION-TRIBUNE

Friday, May 6, 2011

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As Congress tries to find a way of solving the massive budget deficit, a new report warns that a prolonged impasse over the budget – or a failure to raise the national debt ceiling – could cost San Diego County between $14 and $15 billion in federal funds.