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get this- a friend owns a medical consulting company and thus is paid by hospitals. These hospitals are paid by the state. These hospitals just got I.O.U's and thus can't pay my friend for services rendered. Of course my friend still has to pay his ~25 employees. Because of this my friend can't pay his quarterlies easily and California is charging him penalties.
So the state can't pay it's bills, and thus he can't pay the state but the state doesn't accept that.
Love it.
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