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California Gov. unveils historic $97.5 billion budget surplus


hyperbole

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Never before, always remembered they reeking under debt due to welfare schemes. What a turn around, hope they put that money to good use for infrastructure which sucks in California esp the public transportation network

SACRAMENTO, Calif. — California is entering the next budget year with a record-smashing surplus of nearly $100 billion, Gov. Gavin Newsom said Friday.

Newsom unveiled a revised budget plan of just over $300 billion for the next fiscal year, the highest in state history and fueled by surging tax revenues. The state has collected $55 billion more in taxes than officials expected in January, leaving it with an estimated $97.5 billion surplus.

 

 

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8 minutes ago, hyperbole said:

It is evident that all that printed money is making back to the government coffers 

Its a cheap publicity stunt to keep people from moving out of the state. 

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