Tagged: Deficit

The California Balanced Budget Lie

I’m Confused… California Boasts a Balanced Budget for 2018 but is 426.1 Billion in Debt

I am confused with all of the news reporting from California.   Governor Brown and his liberal political associates boast that California is the 5th largest economy in the world and that it has a budget surplus.    California also has one of the highest State taxes and largest amount of money spent on welfare annually (18.1 Billion) and the highest cost of fuel in the nation. But what isn’t talked about is California’s debt.