California Headed for Whopping $54.3 Billion Budget Deficit

Source: http://www.domigood.com/2020/05/california-headed-for-whopping-543.html
Published: May 8, 2020
Author: Kelen McBreen
Post Date: 2020-05-08 10:28:14 by Horse
Views: 506

California will have a budget shortfall of $54.3 billion because of the economic devastation wrought by the coronavirus, Gov. Gavin Newsom’s administration announced Thursday, a stunning reversal for a state that had a $21 billion surplus a year ago.


Poster Comment:

Governor Newsom is not up for re-election until 2022 but the state House is.

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#1: TommyTheMadArtist    To: Horse (#0)

Rookie numbers. By December it will be a Trillion

TommyTheMadArtist posted on 2020-05-09 07:00:06   Reply   Private Reply