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Yeah California has a big surplus and Kansas has a big deficit. That's the difference in tax policy, isn't it? Despite this, California's economy is thriving while Kansas is now in a recession.
Bill Maher really sums it up great with actual facts:
Fair points, but even only funded at 28%, we still owe less per capita. That includes the remaining 72% to fully fund it. California residents owe $7000 more per capita to fully fund theirs.Looks at the numbers regarding unfunded liabilities. California is in trouble.
Promises Made, Promises Broken 2014: Unfunded Liabilities Hit $4.7 Trillion
Yea but at least by one measure (which your source says is more meaningful then nominal dollars) Kansa is in worse shape:
This does not mean much, however, as the largest states with the largest government employee workforce will likely always lead the list, even if unfunded liabilities were not at their current crisis levels. The funded ratio, however, is a better indicator of the health of the pension plans.
Read more: Promises Made, Promises Broken 2014: Unfunded Liabilities Hit $4.7 Trillion
On that list Kansas sit way higher at #6 with only 28% funded, compared to #37, 39% funded Cali.
I love it! Housing is ridiculously cheap.That's because they have no more money for anything else.Education used to be about about 25% of Kansas budget.
Now, it is about 70%.
This was long before their present condition.
They also have counties that do very very well with their own taxes. Johnson County Kansas is a very very nice place to live.
Yeah California has a big surplus and Kansas has a big deficit. That's the difference in tax policy, isn't it? Despite this, California's economy is thriving while Kansas is now in a recession.
Bill Maher really sums it up great with actual facts:
You are such a moron. Here's a whack with a clue stick:
A financial report issued by state auditors finds that the state of California is in the red by an unsustainable $127.2 billion.
The report says that the state’s negative status increased that year, largely because it spent $1.7 billion more than it received in revenues and wound up with an accumulated deficit of just under $23 billion in fiscal year 2011-2012, the Sacramento Bee stated.
Gov. Jerry Brown has referred to the deficit and other budget gaps, mostly money owed to schools, as a “wall of debt” totaling more than $30 billion, the Sacramento Bee reported....
California in the red by $127.2 billion, state auditors say
You are such a moron. Here's a whack with a clue stick:
A financial report issued by state auditors finds that the state of California is in the red by an unsustainable $127.2 billion.
The report says that the state’s negative status increased that year, largely because it spent $1.7 billion more than it received in revenues and wound up with an accumulated deficit of just under $23 billion in fiscal year 2011-2012, the Sacramento Bee stated.
Gov. Jerry Brown has referred to the deficit and other budget gaps, mostly money owed to schools, as a “wall of debt” totaling more than $30 billion, the Sacramento Bee reported....
California in the red by $127.2 billion, state auditors say
PSST, clue meister you may want to check out the bolded clue
Yeah California has a big surplus and Kansas has a big deficit. That's the difference in tax policy, isn't it? Despite this, California's economy is thriving while Kansas is now in a recession.
Bill Maher really sums it up great with actual facts:
You are such a moron. Here's a whack with a clue stick:
A financial report issued by state auditors finds that the state of California is in the red by an unsustainable $127.2 billion.
The report says that the state’s negative status increased that year, largely because it spent $1.7 billion more than it received in revenues and wound up with an accumulated deficit of just under $23 billion in fiscal year 2011-2012, the Sacramento Bee stated.
Gov. Jerry Brown has referred to the deficit and other budget gaps, mostly money owed to schools, as a “wall of debt” totaling more than $30 billion, the Sacramento Bee reported....
California in the red by $127.2 billion, state auditors say
Yeah California has a big surplus and Kansas has a big deficit. That's the difference in tax policy, isn't it? Despite this, California's economy is thriving while Kansas is now in a recession.
Bill Maher really sums it up great with actual facts:
You are such a moron. Here's a whack with a clue stick:
A financial report issued by state auditors finds that the state of California is in the red by an unsustainable $127.2 billion.
The report says that the state’s negative status increased that year, largely because it spent $1.7 billion more than it received in revenues and wound up with an accumulated deficit of just under $23 billion in fiscal year 2011-2012, the Sacramento Bee stated.
Gov. Jerry Brown has referred to the deficit and other budget gaps, mostly money owed to schools, as a “wall of debt” totaling more than $30 billion, the Sacramento Bee reported....
California in the red by $127.2 billion, state auditors say
It's a shame you cons as usual do not understand the difference between the debt and the deficit. California does not have a deficit. Kansas does. It's interesting how none of you cons have made an effort to defend the shithole known as Kansas lol
Yeah California has a big surplus and Kansas has a big deficit. That's the difference in tax policy, isn't it? Despite this, California's economy is thriving while Kansas is now in a recession.
Bill Maher really sums it up great with actual facts:
You are such a moron. Here's a whack with a clue stick:
A financial report issued by state auditors finds that the state of California is in the red by an unsustainable $127.2 billion.
The report says that the state’s negative status increased that year, largely because it spent $1.7 billion more than it received in revenues and wound up with an accumulated deficit of just under $23 billion in fiscal year 2011-2012, the Sacramento Bee stated.
Gov. Jerry Brown has referred to the deficit and other budget gaps, mostly money owed to schools, as a “wall of debt” totaling more than $30 billion, the Sacramento Bee reported....
California in the red by $127.2 billion, state auditors say
It's a shame you cons as usual do not understand the difference between the debt and the deficit. California does not have a deficit. Kansas does. It's interesting how none of you cons have made an effort to defend the shithole known as Kansas lol
You are such a moron. Here's a whack with a clue stick:
A financial report issued by state auditors finds that the state of California is in the red by an unsustainable $127.2 billion.
The report says that the state’s negative status increased that year, largely because it spent $1.7 billion more than it received in revenues and wound up with an accumulated deficit of just under $23 billion in fiscal year 2011-2012, the Sacramento Bee stated.
Gov. Jerry Brown has referred to the deficit and other budget gaps, mostly money owed to schools, as a “wall of debt” totaling more than $30 billion, the Sacramento Bee reported....
California in the red by $127.2 billion, state auditors say
PSST, clue meister you may want to check out the bolded clue
Condolences on your lack of reading comprehension and math SKILLZ. The state hasn't created anything close to a surplus to wipe out an accumulated deficit of $127.2B, moron. Add in the unfunded liabilities for public employee union pensions and TIMBERRRRR!!!!!!!
