It's 2022, ****.roadkill » 02 Jul 2022, 2:50 pm » wrote: ↑ "The Golden State’s record-breaking deficit owes as much to its progressive politics as to the virus lockdown.
Steven Malanga
May 19, 2020"
"Every state and municipal budget in America will take a big hit because of the coronavirus lockdowns, but no public purse is in as much trouble as California’s. Its Department of Finance recently estimated that the Golden State could face a $54 billion shortfall in the fiscal year beginning July 1, which surely must be the largest deficit any state has ever accumulated, surpassing the $40 billion hole that nearly swallowed Sacramento in 2008."