T 2.0

Hüsker Dü said:
“California's 2025-26 budget is balanced. The governor's budget proposal projects a small surplus of $363 million, with revenues estimated to exceed expenditures, according to the Legislative Analyst's Office. This is a significant turnaround after facing budget deficits in the previous two years. The budget addresses a projected deficit for the 2025-26 fiscal year, which was estimated to be $27.6 billion initially, and $28.4 billion after accounting for previous legislative actions.”
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2022 - $100B surplus
2025 - $73B deficit

Sit down and shut up.
 
watfly said:
$12B deficit for 2025-2026 budget. Husker is high again.
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Maybe we should defund the fed and all the states that aren’t pulling their weight . . . hello red states.

“California pays significantly more in federal taxes than it receives back. In 2022, California contributed $83.1 billion more in federal taxes than it received in federal funding. This makes California the biggest "donor state" in the US, meaning it contributes a larger net amount to the federal government than any other state.”
 
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