By borrowing "until revenue comes in."
I think "greece" should be a keyword here, too.
In other words, “In the current political (economic) climate, we can’t raise taxes, so let’s borrow until we can.”
Vote all of them out. They all must have cheated on their college exams or they lied about having an education. I would sooner have my local garbage collector working on the budget than these geniuses.
In order to make up this year’s $19 billion deficit, without cutting spending, in a state with 35 million people, you need to collect an additional $600 or so from each person, $2400 from a family of four. Since over half of the people don’t pay any taxes, that’s $4800 from the half that do. If you borrow the money and pay it back in 2020, each family’s share in 2020 will be what, $10,000 or so. We can’t afford these idiots any longer.