Pages

Sunday, May 13, 2012

How Much Is That In Pesos?

SACRAMENTO, Calif. — California’s budget deficit has swelled to a projected $16 billion — much larger than had been predicted just months ago — and will force severe cuts to schools and public safety if voters fail to approve tax increases in November, Gov. Jerry Brown said Saturday. 
The Democratic governor said the shortfall grew from $9.2 billion in January in part because tax collections have not come in as high as expected and the economy isn’t growing as fast as hoped for. The deficit has also risen because lawsuits and federal requirements have blocked billions of dollars in state cuts.
Tax revenues dropping ... businesses fleeing the state ... restive state employees suing ... strangling regulations from the Feds ... this sounds like ...

...

wait for it

...

Patria Socialista!

No comments:

Post a Comment