Is California Too Big to Fail?

Publication: American Public Media

05/20/2009 - California voters rejected a slew of propositions meant to close the Golden State's budget deficit. With so many state and municipal workers, California's like the General Motors of states. But is it too big to fail? Stacey Vanek-Smith reports.

Stacey Vanek-Smith talks to Susan K. Urahn, managing director of the Pew Center on the States.

Listen to an MP3 of the program on Marketplace's Web site.

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