Berkeley CSUA MOTD:Entry 10522
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2025/05/24 [General] UID:1000 Activity:popular
5/24    

2003/10/8 [Politics/Domestic/California] UID:10522 Activity:nil
10/7    Now that the election is over, how is California going to fix its
        budget deficit?  I hope the state won't go bankrupt requiring my
        tax dollars to bail it out.
        \_ We already are bankrupt.  Too late for that.  Last I saw we were
           $8 billion in the hole since the courts didn't allow the shenanigans
           that pushed that into next year's budget.  Cuts & taxes are the
           only choices left.
           \_ By bankrupt, I mean the state defaulting on its bonds.
              \_ Oh.  Even without money that's still a long time off because
                 we pay our bonds before we pay anything else.
2025/05/24 [General] UID:1000 Activity:popular
5/24    

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