Rescue California

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Calif. Near Financial Disaster
Hours Remain to Solve $38 Billion Shortfall

June 30, 2003

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said many elderly residents are baffled and despondent over the looming hardships.

"They see what's going on in the newspapers and on TV," she said. "Their perspective is, why are they doing this to us? What did we do?

"If I were a betting person, I wouldn't bet we're going to be fine," Hite added. "The gap is just too huge."

Special correspondent Kimberly Edds contributed to this report.