More half arsed measures, accounting tricks and kicking the can down the road. Ca. voters better wise up and not vote for any of the new tax proposals or the DemRat pols in Sacto will always play them for the fools they are.
That budget has to be bigger than the budgets of most countries.
What was the total tax revenue for the last California fiscal year of record?
What is the total of all existing California bond interest and other long term obligations?
Why is all that not relevant, and AS important as passing a budget?
When the California moron legislature discharges their obligation for the first time in years, the report can be heard for miles around...
Wonder how many other pie in the sky gimmicks are written into it.
Although I have no love for the bloated and incompetent union educational system, I can think of the hundreds of commissions and pork administrators that the state would never miss.
And then there is the "pet" parasite idle class.
Then there's the overwhelming invasion of uneducated criminal aliens and their effect on both our educational and health delivery systems.
Why is public safety and taxpayer welfare the first target of the criminal political class?
Ever hear of the metaphor about killing the goose?
So what do y’all think....will Kalifornia require a Greece-style bailout in a year or two? Are you willing to pay for it? After all, Kalifornia is too big to fail, isn’t it?
California, lol.
It’s now time to go Galt.
Those measures are not going to get approved.The one thing I kinda like about this is that it makes higher education a buyer’s market.On one hand that does stiff some of the young high school graduates trying to get into college but on the other hand,perennial students with no means of income effectively get forced out or have to borrow more cash.
As for the K-12 system,it is inconvenient as is for the students who go there and cushy for those who work there.Unlike universities,I don’t think they can cap the amount of students they accept....so they will have to cut some positions.
Otherwise unless this State curbs laws designed to scare off business,penalizes illegal immigrants and those who hire them.California is effectively done,not mention someone else is going to have to collect in order to fund the State’s pensions.