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Last post 16 months ago by DrMaddVibe. 27 replies replies.
Looming California Deficit
Gene363 Offline
#1 Posted:
Joined: 01-24-2003
Posts: 30,810
15 to 25 billion dollar shortfall.

https://www.youtube.com/watch?v=Ta0n-X2hbko

Quote:
"It wouldn't surprise me that this budget deficit, depending on a recession, would get to 50 to 100 billion dollars."

Siyamak sits down with Scott Baugh, former California State Representative and assembly republican leader.

California could be looking at a 25 billion dollar budget deficit in the coming fiscal year. What caused the state to experience a potential deficit after having a huge surplus the past two years? Will services be cut? Or will we pay higher taxes?


https://www.politico.com/news/2022/11/16/california-25b-deficit-00068081

MACS Offline
#2 Posted:
Joined: 02-26-2004
Posts: 79,770
Someone will be along shortly to tell you how well CA is run, and that it's no big deal that the liberal policies have caused so many people and companies to leave CA for greener pastures.

Me? I just hope the dbags don't mess with the CalPers retirements. I don't want to go back to work!
RayR Offline
#3 Posted:
Joined: 07-20-2020
Posts: 8,884
15 to 25 billion dollar shortfall? Pfffft...Wait till they get to trillions, then you are talking real money.
HockeyDad Offline
#4 Posted:
Joined: 09-20-2000
Posts: 46,128
Just wait until they have to pay reparations. They’re gonna need to raise even more taxes and fees.
Mr. Jones Offline
#5 Posted:
Joined: 06-12-2005
Posts: 19,421
I get my $$$$ first...
Before any duece gets a penny.
RayR Offline
#6 Posted:
Joined: 07-20-2020
Posts: 8,884
HockeyDad wrote:
Just wait until they have to pay reparations. They’re gonna need to raise even more taxes and fees.


No worries, all good, Gubernor Newsome said California is the “true freedom state.” Confused
Stogie1020 Offline
#7 Posted:
Joined: 12-19-2019
Posts: 5,320
CA should just charge a little bit more for gasoline to make up the difference...
HockeyDad Offline
#8 Posted:
Joined: 09-20-2000
Posts: 46,128
RayR wrote:
No worries, all good, Gubernor Newsome said California is the “true freedom state.” Confused


It was a bright cold day in April, and the clocks were striking thirteen.
RayR Offline
#9 Posted:
Joined: 07-20-2020
Posts: 8,884
HockeyDad wrote:
It was a bright cold day in April, and the clocks were striking thirteen.


Is "Freedom is Slavery" the new California motto? Eh?

They might have to fight New York for that one.

Gutfeld: This hypocrite is begging taxpayers she once mocked to come back

'Gutfeld!' panelists reacts to Gov. Kathy Hochul, D-N.Y., vowing to make New York safer as Gov. Ron DeSantis, R-Fla., declaring Florida as the state where 'woke goes to die.'

https://youtu.be/mbFx6dleYxw
deadeyedick Offline
#10 Posted:
Joined: 03-13-2003
Posts: 17,087
Um... does this mean Cali folks won't be able to pay their fair share of the $30 trillion US debt?
burning_sticks Offline
#11 Posted:
Joined: 08-17-2020
Posts: 152
Upcoming bailout by the rest of the country?
ZRX1200 Offline
#12 Posted:
Joined: 07-08-2007
Posts: 60,589
I think raising taxes would be the best idea….
HockeyDad Offline
#13 Posted:
Joined: 09-20-2000
Posts: 46,128
I fully support California raising taxes again.
RayR Offline
#14 Posted:
Joined: 07-20-2020
Posts: 8,884
ZRX1200 wrote:
I think raising taxes would be the best idea….


That's what Gubernor Newsome would say...More Taxes = More Freedom
DrMaddVibe Offline
#15 Posted:
Joined: 10-21-2000
Posts: 55,411
Why it seems like just yesterday they were talking about issuing rebates.

I'm shocked they got it so wrong. Shocked I say
HockeyDad Offline
#16 Posted:
Joined: 09-20-2000
Posts: 46,128
DrMaddVibe wrote:
Why it seems like just yesterday they were talking about issuing rebates.

I'm shocked they got it so wrong. Shocked I say


I never got one of those rebates even though I was eligible.
Sunoverbeach Offline
#17 Posted:
Joined: 08-11-2017
Posts: 14,665
If enough people leave, maybe they'll have enough money to govern the rest
Gene363 Offline
#18 Posted:
Joined: 01-24-2003
Posts: 30,810
HockeyDad wrote:
I never got one of those rebates even though I was eligible.


When you file your last California return they'll count it as income and demand it be paid back..
DrMaddVibe Offline
#19 Posted:
Joined: 10-21-2000
Posts: 55,411
HockeyDad wrote:
I never got one of those rebates even though I was eligible.



https://youtu.be/0f6l1QljpMo
Mr. Jones Offline
#20 Posted:
Joined: 06-12-2005
Posts: 19,421
I never want to live in California...

I just like to visit every two decades or so...
DrMaddVibe Offline
#21 Posted:
Joined: 10-21-2000
Posts: 55,411
Mr. Jones wrote:
I never want to live in California...

I just like to visit every two decades or so...



When we left in 1976 I NEVER wanted to go back. Military sent me for desert training at Ft Irwin in the 80's and GM would fly me there at least 5 times a year in the mid to late 90's. I kept saying that each visit was going to be my last.

I would like to take my wife there though. Griffith's Observatory and museum, Redwood forest, sit on a bench in Carmel By The Sea and take that all in again, Stop somewhere in the Mojave and watch the sun go down and take in all the stars, watch the sun go down from Catalina Island and one she'd really love...to visit the mission in San Juan Capistrano when the swallows return. Just to show her the spots that left it's mark on me and why California used to be a wonderful place to live.

I really don't want to go, but to see it through her eyes would be nice.
DrMaddVibe Offline
#22 Posted:
Joined: 10-21-2000
Posts: 55,411
https://www.ppic.org/blog/budget-surplus-divides-californians/


Frying pan Frying pan Frying pan
RayR Offline
#23 Posted:
Joined: 07-20-2020
Posts: 8,884
DrMaddVibe wrote:
When we left in 1976 I NEVER wanted to go back. Military sent me for desert training at Ft Irwin in the 80's and GM would fly me there at least 5 times a year in the mid to late 90's. I kept saying that each visit was going to be my last.

I would like to take my wife there though. Griffith's Observatory and museum, Redwood forest, sit on a bench in Carmel By The Sea and take that all in again, Stop somewhere in the Mojave and watch the sun go down and take in all the stars, watch the sun go down from Catalina Island and one she'd really love...to visit the mission in San Juan Capistrano when the swallows return. Just to show her the spots that left it's mark on me and why California used to be a wonderful place to live.

I really don't want to go, but to see it through her eyes would be nice.


You don't want to go there now, I heard on the news this morning that California is under a major attack by Climate Change.
HockeyDad Offline
#24 Posted:
Joined: 09-20-2000
Posts: 46,128
They are having a climate whiplash experience. Hot’s getting a lot hotter, dry’s getting a lot drier, and wet is getting a lot wetter, as well.

Prolly gonna need a new tax to fix it.
MACS Offline
#25 Posted:
Joined: 02-26-2004
Posts: 79,770
The state, itself, is gorgeous. The weather is probably some of the best you'll find year round. The fishing is great.

The state has been run very poorly for too many years. The dem majority has passed too many laws that benefit criminals and homelessness policies have made the problem worse. Feel good does not equal DO good.
ZRX1200 Offline
#26 Posted:
Joined: 07-08-2007
Posts: 60,589
I was just thinking, Gavin Newsome should put LeBron James in charge of this crisis.
DrMaddVibe Offline
#27 Posted:
Joined: 10-21-2000
Posts: 55,411
ZRX1200 wrote:
I was just thinking, Gavin Newsome should put LeBron James in charge of this crisis.




Kinda hard to keep your head above water when you live on your knees.

Should put Megan Markle....oooops...shes on her knees too.
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