California Budget woes increase
The Washington Post has an interesting article on the California budget mess.
Link here.
The best quote in the article to give perspective on how big the hole California has dug itself in is here:
"California's $38 billion deficit is larger than the entire annual budget of any other state except New York. It represents about one-third of the state's annual spending."
This is amazing, our DEFICIT is larget then any other states ENTIRE BUDGET, except New York. I haven't done a computation on how much the each state spends per person, but I'm willing to bet California spends the most or in the top tier of the states and we have to ask ourselves what do we get for our money???
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