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This is a list of countries by government debt. Gross government debt is government financial liabilities that are debt instruments. [1]: 81 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future. Examples include debt securities (such as bonds and bills), loans, and ...
With a population of nearly 40 million as of 2018, California has by far the largest annual state expenditures albeit lower on a per-capita basis than 20 smaller states. [ 28 ] [ 29 ] California receives a significant amount of money from the federal government, especially for healthcare and welfare programs , but also has large in-state ...
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 ...
California has just 72 percent of the assets needed to make payments to retired public workers, many of whom get to collect six-figure annual payments.
Americans owe more than $1.2 trillion in credit card debt. How much does California have?
“Failing to increase the debt ceiling therefore would have the most impact in terms of severe unemployment, deep recession, and sudden stock market declines on the California economy,” said ...
The changes in taxes have remained fairly stable over time, and are strongly correlated with income per capita per state. It follows that as state's per capita income rises, its tax receipt also increases. The data between changes in per capita taxes to the national averages in ratio to the changes in the per capita income to the national ...
In the following table, for each country/territory, IMF figures shows total population, GDP, government revenue,, government expenditure, and government expenditure per capita, in current USD, calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. [1]