California Democrat Legislature Pass $117.5B Spending Bill While $1 Trillion Unfunded Pension Liabilities Looms, Calls It Responsible

California Obesity...California Budget Deficit $426,757,000,000+ Per Person $11,133
California Debt Clock

(OC Register) California Democrat controlled legislature passes a $117.5 Billion spending plan calling it responsible.

  • Assembly Speaker Toni Atkins D-San Diego said: “Our state is on a firm financial footing and that stability gives us an opportunity which has been rare in recent years.”

Huh??? With a ballooning $426 Billion+ Deficit and $1 Trillion in Unfunded Pension Liabilities what ‘firm financial footing’ is Democrat Assembly Speaker Atkins referring?

This entry was posted on Wednesday, June 17th, 2015 at 4:23 pm and is filed under Budget Crisis, California, Democrats, Economy, Jerry Brown. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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