Posted on 01/21/2017 9:17:57 PM PST by Olog-hai
Californias projected budget deficit is rising. Gov. Jerry Browns administration miscalculated costs for the state Medi-Cal program by $1.9 billion last year, an oversight that contributed to Browns projection of a deficit in the upcoming budget, officials acknowledged this week, the Associated Press reported today.
Californias projected deficits could have been avoided by curtailing wasteful spending. As the Reason Foundation notes, California spends more money to get worse roads than most states. [ ]
Californias legislative analyst projected last year that the recent increase in the states minimum wage to $15 an hour will cost taxpayers $3.6 billion more a year in increased government worker pay. This is partly because already well-paid government workers sometimes have their pay pegged to a multiple of the minimum wage.
(Excerpt) Read more at cnsnews.com ...
California needs another RONALD REAGAN.
Not to mention the bullet train fiasco.
The Los Angeles Times reports that just the first leg of this massive government boondoggle 118 miles from Merced to Shafter in the central part of the state could come in $3.6 billion over budget while taking seven years longer to build than promised.
No bailouts. Let them handle their own problems.
I feel like making a donation to “California Secession 2016.”
Yes, that train will take you everywhere you don’t need to or want to go....what a waste of money.
No. Shafter is a huge resort destination for most Californians. After they visit Merced. /s
Audit reports last year, for example, found that the rail authority lacks consistent management processes, takes on unnecessary contract risks, does not have orderly records and is short on clearly defined responsibility for its top officials.
and there it is...
The only people who will use it will be the migrant workers going back and fourth. I’m sure they’ll get a huge discount on fares....Who else is going to ride that train?
I vote for California Bankruptcy so they can unpeg themselves from union contracts and take control of their government again.
Ronald Reagan was elected as governor in 1966 and re-elected in 1970.
He would never get elected by the present day loony electorate in the former golden state.
And I think the state pension fund is in trouble too. The state is going to have a total economic collapse. Not a question of if but when. Democrats hold every elected state office from governor on down. They broke the state’s economy. They own it. Isn’t that right House minority leader Nancy Pelosi of San Francisco? They have no one to blame but themselves.
Picky, picky, picky.... /s
The problem with this article is the minimum wage in CA isn’t $15 yet and won’t be until 2020. Some cities are higher but the statewide minimum wage is $10.50.
The cost projections are cited by CA’s own legislative analyst, and they related to how state workers’ wages and increases thereof are pegged to a multiple of minimum wage rises.
Ok. I was reading where it said the States recent increase.....
How do you miscalculate costs by $1.9 billion
You do not. You lie and hope no one caches you. The problem is that not enough politicians go to jail for things like this.
California is an example of what happens to paradise when a liberal is in charge....only they can turn it into hell!!!
Paging NYS...
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