www.foxnews.com
More Foxnews BS
California is broke, but it’s not too late for the rest of us
California faces an $18 billion deficit by 2026-27 as Democrat Gov. Newsom's spending policies create a structural budget crisis worse than projected.
California used to be the place where people went to chase dreams. Today, it’s the place where fiscal discipline goes to die. The Golden State, which is home to Hollywood glitz, Silicon Valley billionaires and the highest state taxes in America, is broke again. It's staring down another multibillion-dollar deficit that exposes just how unstable and dysfunctional its financial model has become. In short, the Golden State isn’t so golden anymore.
For years, politicians like Democrat Gov. Gavin Newsom have insisted that California is the shining example of fiscal sensibility that America should follow. But when you peel back the layers, what you really find is a state government that can’t stop spending, can’t plan for the future and is now caught in a structural budget crisis of its own making.
California’s problem is simple:
While California sinks deeper into red ink, fiscally disciplined states across the country are announcing surpluses, refunding taxpayers, or increasing reserves.
- When the money comes in, politicians spend it.
- When the money slows down, they spend even more.
In other words, the states that California politicians love to criticize are the ones balancing their checkbooks.
- Texas, Florida and North Carolina all projected strong surpluses or cash cushions.
- States with lower taxes and leaner budgets like Utah, Tennessee and Idaho continue to exceed revenue expectations.
Fox did not write it. Ted Jenkin did.
See how fast you pivot angrily to Trump? Angry little man.
But you, and Foxnews are promoting the MAGA propaganda story.
Here you go. Clear the haze from the TDS and read on..................
calmatters.org
Oh, you angry little man, you took out the "but you" and finished the post.
No anger, “just the facts mam……. just the facts.”
Stop, you are an angry little man. No doubt anymore.
And some more.Here you go. Clear the haze from the TDS and read on..................
Fiscal analyst to Gavin Newsom: Rough budget waters ahead
California’s independent legislative analyst is warning that the state faces a nearly $18 billion deficit. It is “critical” for lawmakers to rein in spending and increase revenues long term, he said.
www.latimes.com
And some more.And some more.
California's budget shortfall could be worse than expected
California’s budgetary woes are worse than expected, forcing state lawmakers to grapple with a nearly $18 billion shortfall next year, according to a new report from the Legislative Analyst’s Office.
www.foxnews.com
I’d say it more of a Democrat solution that has some problems that need to be addressed. For Trump it’s a part of his deranged mindset to get rid of anything and everything Obama did. He’s a phycso.
See, angry little man had to insert Trump in there. Started long before Trump.
Mark my words the Republican’s are going nowhere with this.
And there is no there there in a Republican alternative to Obamacare.
You must be hallucinating, I didn’t mention Trump.
