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State Controller: State has $8.5 BILLION Cash Deficit—Governor Brown is this a Surplus?

Wednesday, June 11, 2014 17:37
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By Stephen Frank Sacramento: With one month left in the fiscal year the Democrat State Controller issued a report noting the former Golden State (with real unemployment of 16.7%-U-6) has a $8.5 billion cash deficit. There is no way we end the year balanced or with a surplus. Yet Governor Brown, apparently, continues to mislead […]

Tags:  Brown, California Governor Jerry Brown, deficit, Ed and Stephanie Schwartz, State budget


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Source: http://citizensjournal.us/state-controller-state-has-8-5-billion-cash-deficit-governor-brown-is-this-a-surplus/

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