California Budget Deficit Rising: Wasteful Spending, Minimum Wage Hike to Blame
California’s projected budget deficit is rising. “Gov. Jerry Brown’s administration miscalculated costs for the state Medi-Cal program by $1.9 billion last year, an oversight that contributed to Brown’s projection of a deficit in the upcoming budget, officials acknowledged this week,” the Associated Press reported today [1].
California’s projected deficits could have been avoided by curtailing wasteful spending. As the Reason Foundation notes [2], California spends more money to get worse roads than most states:
Source URL:
http://www.cnsnews.com/commentary/hans-bader/california-budget-deficit-rising-wasteful-spending-minimum-wage-hike-blame
