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A bankruptcy judge on Friday placed a potentially formidable obstacle in the path of Don Ahern’s attempt to pull Ahern Rentals Inc. out of Chapter 11 proceedings with his dominant ownership position intact.
Unless Nevada legislators extend taxes scheduled to expire July 1, state government will operate with $343 million less money in 2014-15 than it is spending during the current two-year budget period. And even that depends on how the folks in Washington, D.C., handle the federal government’s fiscal crisis.