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re: California has a $6.1 billion budget surplus
Posted on 3/4/18 at 11:43 am to Mingo Was His NameO
Posted on 3/4/18 at 11:43 am to Mingo Was His NameO
quote:
Just to be clear, having a budget surplus and actually having money are not the same thing.
Just to be clear not only does CA actually have billions in surplus cash they are trying to figure out what to do with it
At this point adding to state reserves seems the most likely choice, along with increasing school funding
2
Posted on 3/4/18 at 2:33 pm to EmperorGout
Like the poster above said, maybe they could start by funding their pensions? Pretty easy to show a surplus when you are hiding billions in liabilities. Theyre kicking the can down the road is all. Typical not just for Cali but for big government in general. Theres a reason why its illegal for companies to practice California's style of accounting
Posted on 3/4/18 at 3:03 pm to EmperorGout
quote:Pay some of their trillion dollar debt?
Just to be clear not only does CA actually have billions in surplus cash they are trying to figure out what to do with it
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