California budget

17 Jan 2020

California’s $220 Billion Budget is Doing What Trump Refuses to Do

As recently as 2009, California was virtually broke. Facing a $24 billion deficit on a budget of approximately $100 million, the state furloughed employees, paid I.O.U.’s instead of tax refunds, and used every type of financial chicanery to move stuff around. At one point, the deficit was feared to be

Peter-Astrid Kane 0