Californians deserve what they get. They could have voted in a conservative and gotten some fiscal sanity restored to the State but they chose to vote in Democrats instead.
Contrast their 16 billion dollar shortfall with Wisconsin...who in just two years under Scott Walker has gone from a 3 billion dollar deficit to a projected surplus. Maybe Cali can "rent" Walker to come in and fix things for them too?
You can keep Walker far from California thank you.
State faces $143 million budget shortfall by 2013
MADISON, Wis. (AP) -- Wisconsin's state budget condition has worsened to the point that Gov. Scott Walker and possibly the Legislature will need to take emergency steps to avoid being out of balance.
The nonpartisan Legislative Fiscal Bureau on Thursday released the new projections that show the two-year budget will be $143 million short of balancing by July 2013.
Fiscal Bureau Director Bob Lang says in the memo to co-chairs of the Legislature's budget committee that the Walker administration is looking to address the problem through debt refinancing and restructuring.
At the time of the last estimate in October, the state's budget was projected to end with a positive $73 million balance.
A large reason for the change is a projected $273 million loss in tax collections.
State faces $143 million budget shortfall by 2013 - TODAY'S TMJ4