Cali faces a deficit of $41.6 billion or about half of all projected revenues.
Now, facing a 50% shortfall, guess how much did the Jerkinator and his Democrat toadies cut spending?
Less than 4%.
I'm not real good at 'rithmetic and all, but I'm interested to see how that's gonna work out.
Probably something like this.
Welcome to Thunderdome, Arnie.Hat tip: Denninger.
1 comment:
He's "requesting $7 billion from the federal government," which translates into the taxpayers of the other forty-nine states having to pick up California's tab.
Wunderbar.
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