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re: California just revealed a $54.3 billion deficit — signaling deep cuts ahead

Posted on 5/8/20 at 9:39 am to
Posted by Tchefuncte Tiger
Bat'n Rudge
Member since Oct 2004
57597 posts
Posted on 5/8/20 at 9:39 am to
quote:

California finance officials revealed a $54.3 billion deficit today in the first economic assessment of the coronavirus pandemic’s devastating blow to the fifth-largest economy in the world.



California's budget was going down the tube long before the Chinese Flu. This is just an attempt to blame the virus for California's fiscal irresponsibility in order to get the federal government to ball them out.
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