The Best and Worst Run States in America

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Originally posted by: hoops2
The same article says that the state teachers pesnion and medical funds have an unfunded liability of $135b. Rather than shoring up this liability, the democrats want to spend the surplus.

Democrats like to pretend unfunded liabilities don't exist, but they do

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Originally posted by: Chilcoot
Speaking of California, it's doing a lot better now that the voters have completed their expulsion of Republicans from state office (Democrats hold every statewide office, control the Legislature and dominate the congressional delegation (the GOP lost seven legislative and four congressional seats in November)). LA Times last week:

California's finances are improving faster than expected and schools could receive billions in extra funds next year, according to the Legislature's budget advisors.

"The state's budgetary condition is stronger than at any point in the past decade," a report released Wednesday says.

Higher-than-expected revenue, driven by the economic recovery and stock market gains, could pump more than $4 billion in unanticipated funds into schools and community colleges starting next summer, the report says.

. . .

When the current fiscal year ends next June, the state could have a surplus of $2.2 billion, more than twice the size of earlier projections.

Very good news for residents of America's most populous state.

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Originally posted by: Nesalk
This is the key post here. Make the Bible-thumping, brain dead Republican rednecks stuck in the 1800s irrelevant, and things will improve. About time I got a raise.

Oh yeah, memo to everyone living in Redneckistan...whatever happens in California today, happens there tomorrow. Prepare to say farewell to right wing, gunslinging, religious nutjobs who think good government involves just saying no to everything...

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Originally posted by: Chilcoot
Speaking of California, it's doing a lot better now that the voters have completed their expulsion of Republicans from state office (Democrats hold every statewide office, control the Legislature and dominate the congressional delegation (the GOP lost seven legislative and four congressional seats in November)). LA Times last week:

California's finances are improving faster than expected and schools could receive billions in extra funds next year, according to the Legislature's budget advisors.

"The state's budgetary condition is stronger than at any point in the past decade," a report released Wednesday says.

Higher-than-expected revenue, driven by the economic recovery and stock market gains, could pump more than $4 billion in unanticipated funds into schools and community colleges starting next summer, the report says.

. . .

When the current fiscal year ends next June, the state could have a surplus of $2.2 billion, more than twice the size of earlier projections.

Very good news for residents of America's most populous state.

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