Friday, December 26, 2008

California will run out of money in February

The State of California will run out of money within two months, forcing Governor Arnold Schwarzenegger to start settling bills and paying employees by issuing "IOU" notes, his chief financial officer has revealed. At present, Mr Schwarzenegger's administration is spending $11bn a year more than its total income.

read more | digg story

No comments:

2-20-2025

  DOGE Has 'God Mode' Access to Government Data The Trump administration has fired about 1,000 newly hired National Park Service emp...