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Budget Stalling Raises Operating Costs for Oregon.

By James Mayer, The Oregonian, Portland, Ore. Knight Ridder/Tribune Business News

Aug. 5--In early July, state Treasurer Randall Edwards warned that he might have to start sending out IOUs if the Legislature didn't balance the state budget by the first week in August.

Well, August has arrived with no budget deal in sight.

But state workers and schools won't be getting promises in the mail instead of cash, after all.

Instead, Edwards said he is looking into selling off some investments in the State Accident Insurance Fund to keep the

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