Economy

August 2, 2011 6:45 AM

Federal spending cuts may hit California farm subsidies, high-speed rail

There are about 866,000 Californians who are paying for college with federal Pell grants. This week, they should count themselves lucky. California, overall, will take a special whack in the budget-cutting to come, if for no other reason than it currently soaks up so many federal dollars. The federal government spent $345 billion in California in 2009, and that will shrink.

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