easyt65
Diamond Member
- Aug 4, 2015
- 90,307
- 61,077
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"California's budget deficit may be billions of dollars larger than the already big number predicted by Democrat Gov. Gavin Newsom, raising concerns about the Golden State's fiscal future.
Last month, Newsom announced that California faces a projected budget deficit of $22.5 billion for the coming fiscal year. The figure represented a striking downturn from last year, when the state enjoyed a surplus of about $100 billion due to federal COVID relief (YOUR TAX DOLLARS BAILING OUT CA) and surging capital gains.
While the predicted year-to-year drop-off seemed large, it may not have been large enough.
The California Legislative Analyst's Office (LAO), a government agency that analyzes the budget for the state legislature, estimates in a report published last week that Newsom's forecast undershot the mark by about $7 billion, thanks to about $10 billion less in tax revenues than expected."
This is the liberal Lala Land Utopia whlhose massive taxes, George Soros-DA INjustice system, and insane criminally fiscal policies have destroyed the state and have caused.Californians to flee the state.
For example, BILLIONS Under-funded, this state's governor and Democrats, crazier than a shit-house rat, want to give MILLIONS of dollars in 'reparations' to people who were never slaves,whose parents were never slaves, whose grandparents were never slaves...
...want to / does fund and hand out tax payer-funded crack pipes...
...and who spends millions on giving tax payer-funded housing, education, medical care, etc... to illegals who broke our laws. and have overwhelmed their Sanctuary Citied ...
...who want your federal dollars to help pay for their insane ideas / agendas and fiscally criminally mismanagement of their tax dollars (and yours).
F* 'em - let them sink or swim with their own insane liberal policies, budget, and ability or lack thereof to run a state on their own dime.
www.foxnews.com
Last month, Newsom announced that California faces a projected budget deficit of $22.5 billion for the coming fiscal year. The figure represented a striking downturn from last year, when the state enjoyed a surplus of about $100 billion due to federal COVID relief (YOUR TAX DOLLARS BAILING OUT CA) and surging capital gains.
While the predicted year-to-year drop-off seemed large, it may not have been large enough.
The California Legislative Analyst's Office (LAO), a government agency that analyzes the budget for the state legislature, estimates in a report published last week that Newsom's forecast undershot the mark by about $7 billion, thanks to about $10 billion less in tax revenues than expected."
This is the liberal Lala Land Utopia whlhose massive taxes, George Soros-DA INjustice system, and insane criminally fiscal policies have destroyed the state and have caused.Californians to flee the state.
For example, BILLIONS Under-funded, this state's governor and Democrats, crazier than a shit-house rat, want to give MILLIONS of dollars in 'reparations' to people who were never slaves,whose parents were never slaves, whose grandparents were never slaves...
...want to / does fund and hand out tax payer-funded crack pipes...
...and who spends millions on giving tax payer-funded housing, education, medical care, etc... to illegals who broke our laws. and have overwhelmed their Sanctuary Citied ...
...who want your federal dollars to help pay for their insane ideas / agendas and fiscally criminally mismanagement of their tax dollars (and yours).
F* 'em - let them sink or swim with their own insane liberal policies, budget, and ability or lack thereof to run a state on their own dime.
Gavin Newsom predicted massive budget deficit for California. Reality was even worse, analysis finds
California's budget deficit may be billions of dollars larger than what Gov. Gavin Newsom predicted, raising concerns about the Golden State's fiscal future.
www.foxnews.com
