[QUOTE=Bugsinrugs;11693797]
Quote:
Originally Posted by 911boost
What is this 87 billion dollar surplus you mention?
I was listening to NPR today and they ( California Government) have a boat load of money.
The Gov wants to give back $400 per registered vehicle up to two vehicles per household. That’s a pittance. They should roll back the Cali gas tax. Oh.. it’s going up more this July.
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If the California government has so much money, why don’t they pay their huge debt down?
California unemployment alone is $20 billion in debt.
The pension funds are hundreds of billions in debt.
The Cal govt likes to tout its “budget surplus” but that’s an almost meaningless number. Just create a huge, bloated, underfunded yearly “budget” and ignore all the debt. Then make it like it’s a big deal when the entire budget isn’t spent (this time, largely because of so much “free” fed money received.”
California is one of the most indebted states in the country per capita, only NY, NJ, Mass and Illinois are worse.
California’s combined federal, state and local debt is a staggering $1 TRILLION.
But yea, send out $400 to everyone 3 months before an election, haha.
