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"But when added to a $7.4 billion gap already forecast for next fiscal year, the new deficit means the Legislature could be left staring at a combined hole of more than $14 billion when it does reconvene." This does not include the almost $10 billion in lawsuits the State has to pay. Nor does it include the billions in UNSOLD assets--like the Workers Comp system, stadiums, buildings, parking lots, the State owns and was to sell.
The total deficit is over $20 billion, closing in on $25 billion. Why can't Sacramento be honest with us?
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The total deficit is over $20 billion, closing in on $25 billion. Why can't Sacramento be honest with us?
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