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One month ago the State received another budget, to get rid of the $24 billion deficit (which was actually closer to $30 billion).
Now, in just one month, 30 days, Sacramento admits the new cash deficit is $16.5 billion--but with lawsuits lost, the actual cash deficit is $25 billion and could be $30 billion by Labor Day.
Why did they pass a totally phony budget? So, the State can borrow another $10.5 billion--putting us even further in debt.
Stop the borrowing. Start some fiscal responsibility.
More...
Now, in just one month, 30 days, Sacramento admits the new cash deficit is $16.5 billion--but with lawsuits lost, the actual cash deficit is $25 billion and could be $30 billion by Labor Day.
Why did they pass a totally phony budget? So, the State can borrow another $10.5 billion--putting us even further in debt.
Stop the borrowing. Start some fiscal responsibility.
More...