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| Home Front: Politix |
| California facing $24B budget shortfall amid economic uncertainty |
| 2023-01-09 |
| [FoxBusiness] That’s what happens when you drive out your middle class with malice aforethought. |
| Posted by:Skidmark |
| #7 #5 - CALPERS is funded by State funds AND investment returns. (NB: I have my own local Gubbamint pension (after 36 years) which is a separate system and more stable (higher funding requirements and less optimistic return projections)). The State Teacher's system CalSTRS is even more fooked |
| Posted by: Frank G 2023-01-09 19:48 |
| #6 "Economic uncertainty" As in, productive taxpayers heading for the exits in droves. |
| Posted by: ed in texas 2023-01-09 18:21 |
| #5 If I understand correctly State pensions are not funded by the budget but instead through investments in the market. The market that has tanked recently exposing Newsom's budget surpluses as a something of a lie. |
| Posted by: ruprecht 2023-01-09 18:03 |
| #4 Missed the deadline to get boodles of cash approved by Pelosi. |
| Posted by: Super Hose 2023-01-09 12:06 |
| #3 Come on, man, it's due to climate change. Now, let's see if this new House will really do away with the pseudo-emergency called |
| Posted by: DooDahMan 2023-01-09 07:52 |
| #2 ...little noticed. |
| Posted by: Procopius2k 2023-01-09 07:36 |
| #1 LET SEE After it gave out over several $billion$ to Illegals, supplied free drugs for addicts, started Black Reparations and more. Actively shalt to cripple its own local and other USA commercial industries for LSD agenda reasons. Took steps that clearly would impact its own Tax revenue stream by deploying FAR LEFT socialist claims, perversions and LSD processes. Biden Admin can kiss any hope of re-election if his admin bails out California. HUMMMM!!!! Why does another UBER - Far Left Government FAILURE / Bail out operation (NYC October, 1975 ) come to mind |
| Posted by: NN2N1 2023-01-09 06:22 |