How Did California Manage to Pay for Everything in 2024?
Briefly

"The state budget planning last year faced challenges, relying on incomplete revenue data that skewed projections, ultimately leading to a $56 billion shortfall this year and next."
"Lawmakers closed the budget gap largely by withdrawing $12 billion from reserves, implementing an approximate 8% cut across most state agency allocations, and eliminating thousands of vacant jobs."
Read at San Jose Inside
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