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Projected Deficit Is Much Higher than Anticipated
Next year's state budget deficit will be $19 billion, as previously predicted, but this year's budget is $6 billion out of balance, making a grand total of $25 billion. That's according to non-partisan California Legislative Analyst Mac Taylor in a report out today.
By Warren Olney • • 1 min readNext year's state budget deficit will be $19 billion, as previously predicted, but this year's budget is $6 billion out of balance, making a grand total of $25 billion. That's according to non-partisan California Legislative Analyst Mac Taylor in a report out today.
