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$1.9B miscalculation adds to California deficit projection
KCRA/AP ^ | Jan 18, 2017 | AP

Posted on 01/18/2017 10:40:06 PM PST by RckyRaCoCo

Brown administration miscalculated costs for state's Medi-Cal program

(Excerpt) Read more at kcra.com ...


TOPICS: News/Current Events; US: California
KEYWORDS: california; jerrybrown
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Missed it by that much...
1 posted on 01/18/2017 10:40:06 PM PST by RckyRaCoCo
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To: RckyRaCoCo

...and another $2 billion whoopsie last week on the choo-choo train.


2 posted on 01/18/2017 10:42:08 PM PST by ProtectOurFreedom
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To: RckyRaCoCo

Methinks that was something more than forgetting to carry the 4...

All states should have a balanced budget law.

CC


3 posted on 01/18/2017 10:43:00 PM PST by Celtic Conservative (CC: purveyor of cryptic, snarky posts since December, 2000..)
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To: RckyRaCoCo

They should be more careful... a billion here and a billion there and pretty soon it adds up to real money.


4 posted on 01/18/2017 10:44:27 PM PST by proudpapa (Trump Pence earned it.)
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To: Celtic Conservative

The law should be if you spend more than you have you’re out of office.


5 posted on 01/18/2017 10:46:09 PM PST by period end of story (Give me a firm spot, and I will move the world.)
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To: RckyRaCoCo

lol. That’s ok. Pantsuit lost 6 billion. The pentagon 2 trillion!!


6 posted on 01/18/2017 10:54:07 PM PST by dp0622 (The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
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To: RckyRaCoCo

What the hey...it’s only other people’s money.


7 posted on 01/18/2017 10:56:53 PM PST by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
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To: RckyRaCoCo

“It covers one in three Californians, at a total cost of more than $100 billion annually. About a sixth of the money comes from the state general fund and most of the rest from the federal government.”

Really, you can’t blame Jerry and Co. for considering 1.9 billion as just pretty much peanuts when you consider we Federal taxpayers are paying 83 billion to California for Medicaid for one third of their population.


8 posted on 01/18/2017 11:01:35 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: RckyRaCoCo

KCRAAP?

LOL


9 posted on 01/18/2017 11:02:30 PM PST by Vendome (I've Gotta Be Me - https://www.youtube.com/watch?v=wH-pk2vZG2M)
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To: RckyRaCoCo
They're all gonna have to stay after session and do math tables on the chalk board.

Well it's holding them more accountable than we do now!

10 posted on 01/18/2017 11:21:09 PM PST by rawcatslyentist (And God said, Let the earth bring forth grass, the herb yielding seed,)
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To: RckyRaCoCo

Socialism Is Legal Plunder - Bastiat

17.62 debt to GDP and climbing.

http://usdebtclock.org/state-debt-clocks/state-of-california-debt-clock.html


11 posted on 01/18/2017 11:26:37 PM PST by PGalt (CONGRATULATIONS Donald J. Trump)
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To: RckyRaCoCo

So much for secession talk.


12 posted on 01/18/2017 11:29:28 PM PST by lurk (TEat)
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To: period end of story

Maybe they should take it out of the legislator’s and governor’s pay?


13 posted on 01/18/2017 11:34:18 PM PST by Fai Mao (PIAPS for Prison)
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To: Celtic Conservative

But a balanced budget law doesn’t solve the problem of whether you balance a budget high or balance it low. California is a high budget but low service state that has allowed its water and road infrastructure to deteriorate and its pensions to be over promised despite huge tax burdens that are mainly shifted onto a mere 170,000 wealthy taxpayers who pay most of the cost of government. So a city of wealthy persons about the size of Santa Rosa, Oceanside or Rancho Cucamonga pay most of the taxes for 39 million other people. That is less than half percent of the population. In California, if the rich don’t get richer the poor get poorer (regardless of the trickle down theory).


14 posted on 01/18/2017 11:35:39 PM PST by WayneLusvardi (It's more complex than it might seem)
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To: RckyRaCoCo

Unexpected.


15 posted on 01/19/2017 12:35:24 AM PST by thescourged1
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To: RckyRaCoCo; ExTexasRedhead

Come on Jerry, crash the bastard! I know you can do it! I want you to succeed in bankrupting this once great state. After all, it will be your fitting epitaph, and the point of departure for kicking out you and your Black MexiRAT Party so we can start the reclamation process!.


16 posted on 01/19/2017 1:47:08 AM PST by vette6387
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To: ProtectOurFreedom

“...and another $2 billion whoopsie last week on the choo-choo train.”

The Moonbeam Limited.


17 posted on 01/19/2017 2:08:22 AM PST by ScottinVA ( Liberals' agony is my entertainment.)
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To: RckyRaCoCo

And no one will be held accountable other than taxpayers.


18 posted on 01/19/2017 2:10:15 AM PST by DAC21 (in)
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To: catnipman

“Federal taxpayers are paying 83 billion to California for Medicaid for one third of their population”

Hey Moonbeam, why don’t you go and piss off Trump, I dare you, I DOUBLE dare you!


19 posted on 01/19/2017 2:27:41 AM PST by DAC21 (in)
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To: RckyRaCoCo

I don’t know nuthin’ about arithmetic!


20 posted on 01/19/2017 3:17:57 AM PST by Dr. Ursus
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