Less than four years after declaring California’s budget balanced for the foreseeable future, Gov. Jerry Brown on Tuesday said the state is projected to run a $1.6-billion deficit by next summer — a noticeable shift in the state’s fiscal stability that could worsen under federal spending cuts championed by President-elect Donald Trump.
Wednesday, January 11, 2017
Running Out of Someone Else's Money
Socialism not only isn't cheap, it isn't even affordable: