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This is a list of U.S. state government budgets as enacted by each state's legislature. ... so "2022-23" means two fiscal years: the one ending in calendar year 2022 ...
California faced another budget gap for 2010, [8] with $72 billion in debt. [9] California faced a massive and still-growing debt. [10] In June 2009 Gov. Arnold Schwarzenegger said "Our wallet is empty, our bank is closed and our credit is dried up." [11] He called for massive budget cuts of $24 billion, about 1 ⁄ 4 of the state's budget. [11 ...
April 13, 2022 [5] Arizona: AA Aa1 [2] — [6] Arkansas: AA Aa1 [2] — California: AA- Aa2 [2] AA March 1, 2022 [7] Colorado: AA Aa1 [2] — [8] Connecticut: A Aa3 [2] [9] AA- May 24, 2022 [10] Delaware: AAA Aaa [2] [11] AAA February 9, 2022 [12] District of Columbia: AA+ November 2, 2021 [13] Florida: AAA Aaa [2] AAA June 23, 2022 [14 ...
In 2022, California workers stayed on unemployment aid for an average of 18.1 weeks, compared with 14.5 weeks nationally, according to a study by the Department of Labor's former lead actuary ...
California's budget difficulties were compounded last year when the state and federal government delayed the deadline to file 2022 income tax returns from April to November due to winter storms ...
Republicans and Democrats are stuck over how to increase the federal government’s debt limit, and that could mean big economic trouble for California and, for that matter, the nation and world.
When the government spends more than it brings in, it runs a Budget Deficit that year. [18] In order to pay for the extra spending, governments issue debt. Government debt is the amount of money credited from individuals, firms, foreign entities as well as the federal government itself through the federal reserve system. [9] Debt accrues over time.
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