California's small business owners plan layoffs and furloughs if they're
saddled with hard-to-redeem IOUs.
NEW YORK (CNNMoney.com) -- As if struggling to stay afloat during a
faltering economy isn't difficult enough, hundreds of small business vendors
that rely on contracts with California are facing another hurdle: There's a
good chance the state won't be paying any of their invoices this month.
After the state legislature failed to agree on budget solutions earlier this
month to close a $26 bi
