[Texas Eagle]

After all, there's virtual unanimty that we're in deep you-know-what.

I believe the word you are looking for is "Schwarzenegger".

[Free Vulcan]

It ain’t bad yet kids. It’s going to get much worse.

[Vince Ferrer]

A lot of oil out there off the coast of California.

[ProtectOurFreedom]

My God, this is the most horrendous prediction I’ve ever seen. Revenue streams collapsing left and right and I’ll bet the report doesn’t even include the mass exodus of highly educated workers from the state leaving when all the jobs disappear. That’ll trigger another downward spiral on real estate prices as supply greatly exceeds demand. And still the bastards in Sacto refuse to cut spending AND the idiot populace passed all the spending bills two weeks ago. Santa Clara County just recounted the vote for the 1/8 cent sales tax hike to pay for BART to come down here. When I moved to CA in ‘73, we were already paying a special BART tax that never got the train close to Santa Clara County and here we are 35 years later still approving and paying BART taxes.

Is there any fiscal sanity anywhere in this country? Is the entire nation governed by blithering idiots?

[calcowgirl]

debt service. The LAO predicts payments for all of the state's borrowing through bonds will rise an average of 9.9% a year.

What? How can this be? Aren't bonds free? /s

[Brilliant]

Looks like the taxpayer is going to have to bail out big government.

[Intolerant in NJ]

CA: Bad? You Ain’t Seen Nothing Yet...I remember talking to California types in the Army forty years ago, telling me about what a great place it was - free education, free this, free that, on and on - "who pays for it all" I used to ask, and about the only answer I'd get was a vague "taxes" - my only surprise is that it took Kaliforrnnia this long to get to where it is today......

[ScottinVA]

CA in trouble? If they’d just vote in more liberals ... oh, wait...

[TenthAmendmentChampion]

So what will the legislature do? Implement Global Warming initiatives, pass higher taxes, and find ways to spend money they don't have.