California could be broke by July
“Despite the budget fix enacted in February, the state is on track to come up $23 billion short of what it needs to get through the year, the Legislature’s chief budget analyst says.”
They should choose Capitol One Visa! I think I have proposed this before, they should just pay all these bills on a cash back card and all done, it’s unsecured credit right? How good of a credit rating does the State of California have anyway? It would be easy you just ask for a $23 Billion credit cap on your Visa car and good to go. I’m sure you could do it right from the automated phone system.
But Seriously folks, $23 Billion? And Los Angeles, the will loose a ton of bread too I’m guessing.
I hope they can afford to have more grates put over the storm drains to keep things out of the ocean. What how much did that $hit cost? I’m sure millions of dollars.
If California was a company it surely would be due a Federal Government Bail out due to idiotic operations. We (Not I) voted on the bullet train, and other odd spending things. Stem Cell research? I guess you can still spend money that you don’t have it the voters approve it?
Oh well raise my taxes I’ll help out… wait they just did…