California governor Gavin Newsom proposed a $292 billion state budget for the 2024-2025 fiscal year, driving economists to wonder why he plans only $8.5 billion in real spending cuts against what the nonpartisan Legislative Analyst’s Office says is a projected $68 billion deficit.
10 Comments on California proposes mere $8.5 billion spending cut against $68 billion deficit
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Da maffs be 2 hard!
Let more invaders in that should speed the collapse up some.
start collecting entrance fees from s**t-holers
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Hey Newsom, where’s the $32 BILLION in fraudulent payments you dished out during the pandemic? Even bother prosecuting, or did all that money go to your friends? No matter, folks, California has new taxes coming in 2024: raise in income tax (14.4%), Wealth tax (1.5%), gun & ammo tax (11%). That should definitely for sure plug the deficit hole, but oh no, don’t forget about those upcoming reparation payments.
Newsome isn’t worried about the second year deficit because he’s been told he’ll be President by then.
Actually, the California budget is balanced because….math is racist.
Wait, wasn’t Mexifornia claiming they had a surplus just a couple of years ago? I recall the leftists crowing about it.
WILD BILL, LOTS OF MAGIC MATH WHEN IT COMES TO CA BUDGET, FOR EXAMPLE, HUGE PENSION DEBT CAN HAS BEEN KICKED DOWN THE ROAD…NOTHING TO SEE THERE
THESE ASSHOLES WANT OUR EVERY PENNY AND CAN’T EVER SEEM TO GET A DIME AHEAD
BENITO
Calpers is a train wreck. It’s going tits up. Huge debt to the state. And you’re exactly right, it’s not included in their selective math.