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afkinsider - 2 years ago

Fact Check: California Is $1.6 Trillion In Debt, Budget Deficit Is $222 Billion

Recent reports have revealed California as a state burdened by unprecedented debt and a daunting budget deficit. Governor Gavin Newsom s proposed solution is Proposition 1, aimed at tackling homelessness and addiction. Recent audits of the state s financial statements, as of June 30, 2022, show that California is saddled with a debt of $1.6 trillion, a [ ] The post Fact Check: California Is $1.6 Trillion In Debt, Budget Deficit Is $222 Billion appeared first on Moguldom.


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