https://apnews.com/article/business-california-economy-government-and-politics-efcfe1ebc2d034175cd40e75e43fea5e
" SACRAMENTO, Calif. (AP) The good times might soon be over for California's government.
The nation's most populous state has had so much cash lately that lawmakers have spent freely handing out free health care to low-income immigrants, paying for every 4-year-old to attend kindergarten and sending more than $21 billion in stimulus checks to taxpayers over the past two years.
That seemingly endless flow of money has started to dry up as state tax collections have fallen below expectations for four months in a row. There's now an 80% chance California will be about $8 billion short when its fiscal year ends next summer, according to the latest estimate from the nonpartisan Legislative Analyst's Office."
"… the trend of declining revenues is already having an impact. Last month, Democratic Gov. Gavin Newsom blocked a tax cut for manufacturers, halted an expansion of full-day kindergarten programs and nixed unemployment benefits for immigrants living in the country without legal permission all while citing the state's potential shortfall."
" It could also signal some volatility between Newsom and California's Democratic-controlled state Legislature. This year, Newsom scolded lawmakers for passing bills at the end of the session that, when added all together, would have allowed $22 billion in new spending that was not accounted for in the state budget."
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Providing free flights and abortions for women, transgender costs and fighting lawsuits over freedom of religion and second amendment rights really adds to the cost of California government.
" SACRAMENTO, Calif. (AP) The good times might soon be over for California's government.
The nation's most populous state has had so much cash lately that lawmakers have spent freely handing out free health care to low-income immigrants, paying for every 4-year-old to attend kindergarten and sending more than $21 billion in stimulus checks to taxpayers over the past two years.
That seemingly endless flow of money has started to dry up as state tax collections have fallen below expectations for four months in a row. There's now an 80% chance California will be about $8 billion short when its fiscal year ends next summer, according to the latest estimate from the nonpartisan Legislative Analyst's Office."
"… the trend of declining revenues is already having an impact. Last month, Democratic Gov. Gavin Newsom blocked a tax cut for manufacturers, halted an expansion of full-day kindergarten programs and nixed unemployment benefits for immigrants living in the country without legal permission all while citing the state's potential shortfall."
" It could also signal some volatility between Newsom and California's Democratic-controlled state Legislature. This year, Newsom scolded lawmakers for passing bills at the end of the session that, when added all together, would have allowed $22 billion in new spending that was not accounted for in the state budget."
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Providing free flights and abortions for women, transgender costs and fighting lawsuits over freedom of religion and second amendment rights really adds to the cost of California government.
“If you’re going to have crime it should at least be organized crime”
-Havelock Vetinari
-Havelock Vetinari
