Gold Member BOHICA Posted May 10, 2020 Gold Member Share Posted May 10, 2020 54 billion deficit which is much larger then the last economic crisis and dwarfs the rainy day fund. Cali is fucked! https://calmatters.org/economy/2020/05/california-budget-deficit-severe-cuts-ahead-recession/ Still, the deficit is three and a half times the state’s $16 billion rainy day fund and nearly 37% of the state’s general fund. Quote Link to comment Share on other sites More sharing options...
racinfarmer Posted May 10, 2020 Share Posted May 10, 2020 Maybe some more high speed choo choo trains between no where and 50 miles from no where will help. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted May 10, 2020 Author Gold Member Share Posted May 10, 2020 26 billion in free federal money from Trump and they are still in a deficit of 54+billion and Their governor is begging for more from the federal government. https://abcnews.go.com/Health/wireStory/california-doom-staggering-54-billion-budget-deficit-looms-70555714 Newsom asked the Trump administration for help, saying that although the state has the fifth largest economy in the world the “revenue shortfalls are bigger than even the state of California." The state is already in line to receive more than $26 billion in federal aid because of the coronavirus, according to an analysis by the nonpartisan Legislative Analyst’s Office. But Newsom was clear the state needs more. Quote Link to comment Share on other sites More sharing options...
racinfarmer Posted May 10, 2020 Share Posted May 10, 2020 13 minutes ago, BOHICA said: 26 billion in free federal money from Trump and they are still in a deficit of 54+billion and Their governor is begging for more from the federal government. https://abcnews.go.com/Health/wireStory/california-doom-staggering-54-billion-budget-deficit-looms-70555714 Newsom asked the Trump administration for help, saying that although the state has the fifth largest economy in the world the “revenue shortfalls are bigger than even the state of California." The state is already in line to receive more than $26 billion in federal aid because of the coronavirus, according to an analysis by the nonpartisan Legislative Analyst’s Office. But Newsom was clear the state needs more. I'm no finance expert, but it sounds like a spending problem. Quote Link to comment Share on other sites More sharing options...
hayward Posted May 10, 2020 Share Posted May 10, 2020 let him pass the hat in the streets of Hollywood. They need tax write-off donations. Quote Link to comment Share on other sites More sharing options...
Carlos Danger Posted May 11, 2020 Share Posted May 11, 2020 Yea but you can take a dump right on the sidewalk. Quote Link to comment Share on other sites More sharing options...
SSFB Posted May 11, 2020 Share Posted May 11, 2020 10 minutes ago, Carlos Danger said: Yea but you can take a dump right on the sidewalk. A walking buffet for momo. 1 Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted May 11, 2020 Share Posted May 11, 2020 27 minutes ago, Carlos Danger said: Yea but you can take a dump right on the sidewalk. win win Quote Link to comment Share on other sites More sharing options...
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