#mandatory-spending
#mandatory-spending

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Contributor: How California can escape its boom-and-bust budget woes

California's budget volatility stems from heavy reliance on personal income tax, large mandatory spending, and weak accountability, risking large deficits despite short-term surpluses.

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#mandatory-spending#mandatory-spending

Contributor: How California can escape its boom-and-bust budget woes

#mandatory-spending
#mandatory-spending