"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
In what has become a depressingly normal occurrence in California, the state makes rosy estimations of projected California tax revenue in order to get a balanced budget passed, only to discover a few months later that revenue is less than…
Yet again California has used MSU* methods for their budget projections. They’ve been making projections based on phantom revenue. As in non-existent revenue. As in never existed in the first place, except in the fevered brains or rolling off lying…
The State of California is selling the Orange County Fairgrounds in a frantic attempt to raise money to cover its ballooning deficit. You can also buy a nice youth correctional facility in Whittier from the state. No word on whether…
A broke state says it will issue IOUs until its legislature acts like adults and passes a budget (don’t hold your breath) but then can’t even get it together to send the IOUs out. Truly, such incompetence is breathtaking. Why,…
Ok, so does anyone actually know how big the California budget deficit is? Because it keeps growing. Why just a few months ago it was $12 billion. Then $15 billion. Then, whoopsie, they admitted it was really $22 billion. Now…