[RS]

"Within two years, and possibly within two months, cash will run out and Kalifornia will begin trying to pay its bills with vouchers. I thought that I heard that many banks will not accept the vouchers. Also, I thought I heard that only minimum wages can be paid under certain budget circumstances. If teachers claim to be too lowly paid now, they will scream like mashed cats then."

Get your facts right... vouchers are used only if there is not a budget in place - which there is - not a good one, but it's there.
( this happened a few years ago with no major problems )

If the budget were not in place, at some point teachers and a lot of other union workers could only get minimum wage, but the rest of the money is still owed them.

And the teachers always scream like mashed cats ( nice line ! ) that they are getting paid too little - like living under an airport landing path, you just don't hear them anymore.

[William Tell]

RS said: "Get your facts right... vouchers are used only if there is not a budget in place - which there is - not a good one, but it's there. "

Even with a "budget", let's assume that the so-called deficit bonds don't happen and the tripling of the car tax is not allowed, how does the State provide cash for payments that exceed its revenue? Is there a short term line of credit available for this purpose and can it be exceeded? There must be a limit somewhere.