Quote:
Originally Posted by Chicks
Did you even bother to read the article? That's all voter-approved bond debt, for things like schools, roads and water. Jerry, being very fiscally conservative, hasn't authorized the sale of a good portion of those bonds, until the projects are shovel ready, to keep the state's rating high, so that the bonds can be sold at low interest rates.
Basic economic responsibility, great leadership. Meanwhile, you support a moron like Trump, who relies on bankruptcy and Russian money. You're such an idiot.  |
Yes, I read it. So, please tell me, genius: how is it possible to run a "surplus" when the state has over $83 billion in debt? And those select enlightened sages in the CA legislature don't want to refund it to the tax payers. They don't want to use it to retire the debt. They want to SPEND it.
More Clintonesque budgetary slight of hand, the equivalent of paying your Visa with your Master Card.
05-14-2018, 07:07 AM
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