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California audit finds state is broke: $55 billion more owed than available
The Center Square ^
| 20 March 2024
| By Kenneth Schrupp
Posted on 03/21/2024 9:11:12 AM PDT by Red Badger
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To: Red Badger
Sounds like being financially broke has joined being morally broke.
2
posted on
03/21/2024 9:12:29 AM PDT
by
CatOwner
(Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
To: Red Badger
The universities need to offer more courses in creative accounting.
Truthful accountants just cause trouble—the world needs accountants who are good at cooking the books.
;-)
3
posted on
03/21/2024 9:14:19 AM PDT
by
cgbg
("Our democracy" = Their Kleptocracy)
To: Red Badger
It’s time for Babs and the Oprah to step up to the plate.
4
posted on
03/21/2024 9:15:25 AM PDT
by
ComputerGuy
(Heavily-medicated for your protection)
To: Red Badger
$55 billion. I guess they were bound to notice. I mean. anybody could overlook $40-50 billion.
5
posted on
03/21/2024 9:15:31 AM PDT
by
gundog
( It was a bright cold day in April, and the clocks were striking thirteen. )
To: Red Badger
Maybe they should sue Trump. They can get a few billion from him for ... whatever.
6
posted on
03/21/2024 9:15:45 AM PDT
by
ClearCase_guy
(It's not "Quiet Quitting" -- it's "Going Galt".)
To: Red Badger
give the illegal aliens more free stuff that will help!
To: cgbg
the world needs accountants who are good at cooking the books![](https://y.yarn.co/fb022167-e3f3-4ab5-885f-7ef000ace543_text.gif)
I never miss an opportunity to add Lacy Underall to a post. :)
8
posted on
03/21/2024 9:17:40 AM PDT
by
Magnum44
(...against all enemies, foreign and domestic... )
To: Red Badger
No kidding. I thought it’s been broke for a couple of decades by now. Just more broke than, say, a couple of decades ago. I bet it’s more than 55 billion, too. Probably 2 to 3 times that when all future obligations are calculated. I’ve read that’s the case in Illinois. Another choice state run by Democrats forever. Oh well.
9
posted on
03/21/2024 9:17:46 AM PDT
by
john drake
(Lucius Accius-Roman,170 BC - "oderint dum metuant" translated "Let them hate so long as they fear")
To: Red Badger
Fiscal Sanity on parade:
$100 billion MORE for the choo-choo that will never run
$3 billion for healthcare for illegals
$X billion for zero-interest loans for illegals
10
posted on
03/21/2024 9:17:47 AM PDT
by
ProtectOurFreedom
(“Occupy your mind with good thoughts or your enemy will fill them with bad ones.” ~ Thomas More)
To: ProtectOurFreedom
California: America’s version of Ukraine....................
11
posted on
03/21/2024 9:18:27 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
To: john drake
These figures are from 2022, so, yes, they are much worse now................
12
posted on
03/21/2024 9:19:20 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
To: Red Badger
Hey Gav- The only solution is to give illegals $139,000 per year per illegal like NY is doing- that’ll balance your budget in a big hurry=- no really- do it!
13
posted on
03/21/2024 9:20:04 AM PDT
by
Bob434
To: Magnum44
Lacy Underall or Lacy Underwear?.....................
14
posted on
03/21/2024 9:20:21 AM PDT
by
Red Badger
(Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
To: Magnum44
“Madonna with meatballs…”
DeNunzio
15
posted on
03/21/2024 9:21:04 AM PDT
by
EEGator
To: Red Badger
“...2021-2022 audited financial statement, 350 days past the filing deadline.”
Do the same people who count votes in California do the financial statements?
16
posted on
03/21/2024 9:23:20 AM PDT
by
hanamizu
( )
To: TexasFreeper2009
“give the illegal aliens more free stuff that will help!”
Exactly. Funny how the state can come up with money for the illegal aliens. Also, this is what happens when the hard working people are leaving the state in droves.
To: Red Badger
Lacy Underall or Lacy Underwear?Both preferably.
18
posted on
03/21/2024 9:26:17 AM PDT
by
Magnum44
(...against all enemies, foreign and domestic... )
To: CatOwner
broke in every other way as well
19
posted on
03/21/2024 9:26:42 AM PDT
by
mo
("If you understand, no explanation is needed; if you don't understand, no explanation is possible)
To: Red Badger
...350 days late.. so why aren’t the bondholders suing for failure of timely reporting and accounting?
20
posted on
03/21/2024 9:27:55 AM PDT
by
mo
("If you understand, no explanation is needed; if you don't understand, no explanation is possible)
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