From the article:
"The budget is "roughly in balance," said Legislative Analyst Mac Taylor. The governor's focus on fiscal restraint "is really critical because we still face a lot of risk," including whether Congress can come to agreement on raising the national debt ceiling."
This isn't rocket science folks. If Obama can't print another trillion dollars out of thin air, California is toast.
.
"The budget is "roughly in balance," said Legislative Analyst Mac Taylor. The governor's focus on fiscal restraint "is really critical because we still face a lot of risk," including whether Congress can come to agreement on raising the national debt ceiling."
This isn't rocket science folks. If Obama can't print another trillion dollars out of thin air, California is toast.
.