“California, once the most envied state for its glamour, sparkle and prosperity, clearly needs help now in spending money it no longer has. California officials concede that the state faces a “wall of debt” of $26 billion, and when unfunded state and municipal liabilities (pensions, bonds, interfund borrowing, and so forth) are included, the debt surpasses $400 billion.”
http://www.washingtontimes.com/news/2017/jan/8/california-discovers-states-rights/
Wow. Thank you for the article link. And the clowns in Sacramento just voted themselves a raise.