Capitol Alert

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State Treasurer Bill Lockyer said he would join Sen Dianne Feinstein in opposing Gov. Arnold Schwarzenegger's lottery proposal, which still must be approved by voters.

So says Joel Fox, president of the Small Business Action Committee, at Fox and Hounds Daily.

Borrowing against future lottery earnings is expected to plug a $5 billion hole in next year's budget, but passage of the plan is far from a sure thing.



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