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In the past three years California ran up $60 billion in deficits.
Now we know the current deficit is $21 billion.
On Saturday the San Jose Mercury said the deficit NEXT year will be around $25 billion
This does not include the $5 billion in lost lawsuits for previous illegal cuts to the budget. Nor does it include the $3 billion is the non sale of assets that was in the phony budget.
This is just the start. California is in trouble and the Guv is asking for more tax increases.
Had enough? Time for a voter revolt.
More...
Now we know the current deficit is $21 billion.
On Saturday the San Jose Mercury said the deficit NEXT year will be around $25 billion
This does not include the $5 billion in lost lawsuits for previous illegal cuts to the budget. Nor does it include the $3 billion is the non sale of assets that was in the phony budget.
This is just the start. California is in trouble and the Guv is asking for more tax increases.
Had enough? Time for a voter revolt.
More...