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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 ...
A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years.
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 ...
She reported that out-of-state crime rings use children, as they are even less likely to be prosecuted, and that even when police make arrests, charges are dropped or downgraded by the district attorney. [36] According to the Public Policy Institute of California, [37] violent crime in California rose by 5.7% between 2021 and 2022.
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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.
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 ...
The current debt ceiling was approved in December 2021 on a party line vote. It passed after months of political wrangling, and only because Senate Republican Leader Mitch McConnell agreed to ...