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Message
Have we discussed California's 30+ billion dollar budget shortfall?
Posted on 5/14/23 at 12:33 pm
Posted on 5/14/23 at 12:33 pm
That is without the proposed reparations cash payments lol.
LINK
LINK
quote:
Newsom, a Democrat in his second term, proposed no major tax increases for individuals or spending cuts across the state's most important programs, including those impacting public education, health care and homelessness. His plan would cut spending by about $10.6 billion — about $1 billion more than what he proposed in January — while covering the rest of the deficit through a combination of borrowing and delaying some spending while shifting other expenses to different sources.
This post was edited on 5/14/23 at 1:03 pm
20
Posted on 5/14/23 at 12:34 pm to Strannix
Idiots have been telling me the last few years how Cali has a surplus and is in much better shape than the rest of the country.
Posted on 5/14/23 at 12:36 pm to Strannix
Don’t worry they will do reparations and then cry to Fedgov (us the taxpayer) to bail them out. And we will….
It’s all a huge wealth distribution scheme
It’s all a huge wealth distribution scheme
Posted on 5/14/23 at 12:36 pm to Strannix
quote:I thought it went from surplus to $32billion deficit. That's hard to do unless you are just giving stuff away......oh wait.
Have we discussed California's 10 billion dollar budget shortfall?
Posted on 5/14/23 at 12:36 pm to Strannix
No this board is too busy arguing about Iowa and the weather
Posted on 5/14/23 at 12:36 pm to Strannix
It’s just money. Print some more and like magic eerrrybody will be rich.
Posted on 5/14/23 at 12:36 pm to Strannix
That’s why Rs need to covertly support reparations in California. Let their economy implode. Let people see roads and infrastructure fall into further disrepair
Posted on 5/14/23 at 12:36 pm to Strannix
No way Politicians saved that surplus
Posted on 5/14/23 at 12:37 pm to Ten Bears
Is there some sort of requirement that they must remain California residents to receive payment? What’s to stop them from receiving the money and immediately leaving the state?
Posted on 5/14/23 at 12:38 pm to teke184
quote:
Idiots have been telling me the last few years how Cali has a surplus and is in much better shape than the rest of the country.
It's amazing how effective propaganda can be.
Posted on 5/14/23 at 12:38 pm to Strannix
I recall the MSM celebrating is budgeting brilliance a few years ago. Don’t hear them saying much about this right now.
Posted on 5/14/23 at 12:45 pm to Strannix
Don't worry you, I mean the Federal government will bail them out. Just like NYC and Chicago's unions....
There is a reason the support is lock step.
There is a reason the support is lock step.
Posted on 5/14/23 at 12:46 pm to Strannix
quote:
That is without the proposed reparations cash payments lol.
i want what's mine!
my family has always been poor living here in the south with the boot on our necks since the War Between The States.
did California have slaves in the 1700's?
"Let's Go Brandon"
This post was edited on 5/14/23 at 12:50 pm
Posted on 5/14/23 at 12:49 pm to Strannix
What's to discuss? Surely you don't expect a surplus in a Democrat state?
Posted on 5/14/23 at 1:04 pm to Diamondawg
quote:
thought it went from surplus to $32billion deficit. That's hard to do unless you are just giving stuff away......oh wait.
You are correct, 32 not 10 billion. Edited
Posted on 5/14/23 at 1:04 pm to LRB1967
It went from a 20 billion deficit to 30 billion deficit so its 10 worse, thats where the number comes from.
They have milked Calpers so badly that it will never be solvent, just gets worse each year and they jerry rig the numbers worse. Pretty soon they will be where chicago is, they cant afford to keep current cops because they are paying so much to retirees and lying about the projections of the returns on the fund year after year.
They have milked Calpers so badly that it will never be solvent, just gets worse each year and they jerry rig the numbers worse. Pretty soon they will be where chicago is, they cant afford to keep current cops because they are paying so much to retirees and lying about the projections of the returns on the fund year after year.
Posted on 5/14/23 at 1:07 pm to LRB1967
It went from a 20 billion deficit to 30 billion deficit so its 10 worse, thats where the number comes from.
They have milked Calpers so badly that it will never be solvent, just gets worse each year and they jerry rig the numbers worse. Pretty soon they will be where chicago is, they cant afford to keep current cops because they are paying so much to retirees and lying about the projections of the returns on the fund year after year.
They have milked Calpers so badly that it will never be solvent, just gets worse each year and they jerry rig the numbers worse. Pretty soon they will be where chicago is, they cant afford to keep current cops because they are paying so much to retirees and lying about the projections of the returns on the fund year after year.
Posted on 5/14/23 at 1:07 pm to teke184
Yea that’s because of covid money unlike red states biden continued giving money to California New York etc, covid is over and so is the money
Posted on 5/14/23 at 1:12 pm to LRB1967
quote:
Surely you don't expect a surplus in a Democrat state?
That’s more or less a problem everywhere you look. There are few exceptions. This country, it’s states and municipalities all spend too much money. It’s sad.
Posted on 5/14/23 at 1:12 pm to Strannix
Whole lot of fuzzy math there.
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