California: Budget deficit projection worse at $73B

[Roadvirus]

The tug-of-war between California Gov. Gavin Newsom and the nonpartisan Legislative Analyst’s Office over the state’s projected budget deficit took a new turn Tuesday, when the LAO announced a revised shortfall of $73 billion — $15 billion more than previously forecast, and significantly more than the $38 billion gap that Newsom has estimated.

https://www.sacbee.com/news/politics-government/capitol-alert/article285710851.html

There goes Newsom's future political aspirations.

 

[Greenbeard]

California's GDP is $4 trillion.

 

[Mr Person]

There goes Newsom's future political aspirations.

If the state you live in and other red states were allowed to secede, you'd be living in a third world shithole living next to one of the - if not still the - richest countries on Earth, or perhaps even still the literal richest, Blumerica.

The blue areas Fox keeps telling you guys to attack carry ~75% of the national GDP. Red states sit around 25%, and the overwhelming majority could not function if they didn't get more federal dollars than their citizens sent in.

 

[Phys251]

There goes Newsom's future political aspirations.

Guess I won't be voting Newsom in 2024.

 

[SkyChief]

There goes Newsom's future political aspirations.

Newsom's future political aspirations vanished when he got caught violating COVID mandates which HE imposed on Californians. Newsom was exposed as the scumbag he truly his.

His woefully poor governance and fiscal calamity is icing on the cake.

 

[Roadvirus]

California's GDP is $4 trillion.

And still can't tackle crime, the homeless problem and a shitty power grid run by corrupt PG&E.

 

[mrjurrs]

There goes Newsom's future political aspirations.

Source for that claim?

 

[Glitch]

California's GDP is $4 trillion.

California's State Constitution requires a balanced budget under Article IV, Section 12(a).

Within the first 10 days of each calendar year, the Governor shall submit to the Legislature, with an explanatory message, a budget for the ensuing fiscal year containing itemized statements for recommended state expenditures and estimated state revenues. If recommended expenditures exceed estimated revenues, the Governor shall recommend the sources from which the additional revenues should be provided.

California's own State Constitution prohibits the State legislature or the Governor from running a deficit.

 

[Glitch]

Newsom's future political aspirations vanished when he got caught violating COVID mandates which HE imposed on Californians. Newsom was exposed as the scumbag he truly his.

His woefully poor governance and fiscal calamity is icing on the cake.

Once again demonstrating that leftists are defined by their hypocrisy.

 

[EMNofSeattle]

If the state you live in and other red states were allowed to secede, you'd be living in a third world shithole living next to one of the - if not still the - richest countries on Earth, or perhaps even still the literal richest, Blumerica.

The blue areas Fox keeps telling you guys to attack carry ~75% of the national GDP. Red states sit around 25%, and the overwhelming majority could not function if they didn't get more federal dollars than their citizens sent in.

GDP is fake and gay

California would be poorer then Brazil overnight if it was not able to rape the wealth of red America