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Paterson: Cash woes may continue despite deficit fix

ALBANY - New York could face more red ink in March even if state leaders manage to close the current $3.2-billion budget deficit, Gov. David A. Paterson warned Saturday.

After speaking privately with Comptroller Thomas DiNapoli and experts on the 1970s financial crisis, Paterson announced there might not be enough cash to pay bills of $13 billion to $14 billion due at the end of the fiscal...

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