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Author Topic: $208 Billion Sought by California to Address Its Biggest Budget Deficit to Date  (Read 2753 times)

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Offline rangerrebew

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$208 Billion Sought by California to Address Its Biggest Budget Deficit to Date
« on: January 28, 2024, 06:05:16 am »
 
$208 Billion Sought by California to Address Its Biggest Budget Deficit to Date
Story by Georgia McKoy • 21h
 
California faces a daunting fiscal challenge with a projected $37.9 billion budget deficit. Gov. Gavin Newsom, addressing the gravity of the situation, has proposed measures, including utilizing the state's reserve funds.   

His approach also contemplates delaying the minimum wage increase for health care workers, indicating the seriousness of the financial shortfall the state is facing.   

https://www.msn.com/en-us/money/markets/208-billion-sought-by-california-to-address-its-biggest-budget-deficit-to-date/ss-BB1hly7X?ocid=msedgdhp&pc=HCTS&cvid=832134a560894b6b8a62b7aa96de9ce3&ei=12
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline rangerrebew

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Re: $208 Billion Sought by California to Address Its Biggest Budget Deficit to Date
« Reply #1 on: January 28, 2024, 06:06:14 am »
Democrats and rinos have run out of other people's money.
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline GtHawk

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Re: $208 Billion Sought by California to Address Its Biggest Budget Deficit to Date
« Reply #2 on: January 28, 2024, 11:50:11 am »
Quote from: Jack Russell on January 28, 2024, 09:51:32 am
They'll just raise more taxes and fees.
It's the democrat way, especially here in TaxiCalifonication, no tax too large, no restriction on business to great(driving even more jobs out), and no limit on freebies to illegals possible. It wasn't that long ago that greaseball Noisome was telling us that California's deficit wasn't that bad after all and now this **nononono* Poor Noisome, without the democrats in power in congress Aunt Nancy can't bail poor Noisome out and hopefully that sinks this turds political future and gets more republicans elected in the state(doubtful). Unfortunately voters in the state have proven there is no limit to how much tax burden on themselves they will vote for.
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Offline Fishrrman

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Re: $208 Billion Sought by California to Address Its Biggest Budget Deficit to Date
« Reply #3 on: January 28, 2024, 06:35:32 pm »
How long until California has its first TRILLION-dollar deficit...?
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Offline Smokin Joe

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Re: $208 Billion Sought by California to Address Its Biggest Budget Deficit to Date
« Reply #4 on: January 28, 2024, 07:57:01 pm »
Hey, Gavin. You broke it, you bought it.

Tough Titty.

Don't come looking to the rest of us for a bailout.
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How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Offline roamer_1

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Re: $208 Billion Sought by California to Address Its Biggest Budget Deficit to Date
« Reply #5 on: January 28, 2024, 10:05:18 pm »
Quote from: Smokin Joe on January 28, 2024, 07:57:01 pm
Hey, Gavin. You broke it, you bought it.

Tough Titty.

Don't come looking to the rest of us for a bailout.

Yup.

'Tough titty' is so apropos...


Maggie said it a bit more eloquently:
Sooner or later you run out of other people's money...

 :yowsa: 888high58888
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Offline Hoodat

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Re: $208 Billion Sought by California to Address Its Biggest Budget Deficit to Date
« Reply #6 on: January 28, 2024, 11:19:03 pm »
If only California could print up its own currency like the US government does.
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