https://congressionalpost.com/californi ... t-deficit/
California is facing the nation’s highest state deficit next fiscal year amid steeply declining revenues and the highest spending in the nation. The situation was deemed so severe that California Gov. Gavin Newsom (D) declared a fiscal emergency and tapped the state’s rainy day fund.
Initial projections showed that the state’s budget deficit was expected to increase to nearly $70 billion. The information from the California Legislative Analyst’s Office predicted that the state “will face a serious deficit.”
The projection was also $14 billion higher than a state prediction from June 2023.
What will happen to all occupied areas of the US. The good people are already fleeing to free America.
California is facing the nation’s highest state deficit next fiscal year amid steeply declining revenues and the highest spending in the nation. The situation was deemed so severe that California Gov. Gavin Newsom (D) declared a fiscal emergency and tapped the state’s rainy day fund.
Initial projections showed that the state’s budget deficit was expected to increase to nearly $70 billion. The information from the California Legislative Analyst’s Office predicted that the state “will face a serious deficit.”
The projection was also $14 billion higher than a state prediction from June 2023.
What will happen to all occupied areas of the US. The good people are already fleeing to free America.
statistics: Posted by Rebcop — 6:19 AM - Today — Replies 2 — Views 73