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  2. California surplus expected to hit unprecedented $97 billion ...

    www.aol.com/news/california-surplus-expected-hit...

    The plan would devote billions to an inflation relief package, drought and wildfire conditions, healthcare plan subsidies and higher school funding.

  3. California state finances - Wikipedia

    en.wikipedia.org/wiki/California_state_finances

    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 ...

  4. California agency predicts $7 billion state budget surplus - AOL

    www.aol.com/news/california-agency-projects-7...

    California is expected to have a $7 billion budget surplus next year, but lawmakers were urged Wednesday not to spend all of it because a sizable chunk depends on an upcoming decision by the Trump ...

  5. California has a multibillion-dollar budget deficit. Here's ...

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    California has a huge budget problem that could force thorny decisions from Democratic leaders who enjoyed a more than $100 billion surplus just three years ago. Democratic Gov. Gavin Newsom on ...

  6. 2008–2012 California budget crisis - Wikipedia

    en.wikipedia.org/wiki/2008–2012_California...

    News reports and commentators have cited the state's various legislative supermajority requirements as a contributing factor to the state budget crisis. [23] [24] The state has a long history of supermajority requirements with a 1933 state ballot measure mandating a two-thirds supermajority to pass the state budget and California Proposition 13 (1978) mandating another two-thirds supermajority ...

  7. List of U.S. state budgets - Wikipedia

    en.wikipedia.org/wiki/List_of_U.S._state_budgets

    This is a list of U.S. state government budgets as enacted by each state's legislature. ... California: 297.86 297.86 2024-25 [6] 7,634 AA-

  8. Column: California had a nearly $100-billion surplus this ...

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    The tax hike proposed in Proposition 30 would be imposed on personal incomes exceeding $2 million a year, raising up to $5 billion annually, according to the Legislative Analyst's Office.

  9. Government auction - Wikipedia

    en.wikipedia.org/wiki/Government_auction

    Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.

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