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lapfog_1

(30,387 posts)
5. California 2022 Budget Surplus
Mon Mar 14, 2022, 08:45 AM
Mar 2022

Posted: Feb 21, 2022 / KTLA

A California budget surplus that is already expected to be massive could end up being billions of dollars more than initial estimates.

When Gov. Gavin Newsom unveiled his 2022-2023 budget proposal back in January, his administration forecast a $45.7 billion surplus.

But in a February update, the state Legislative Analyst’s Office said there’s a very good chance the surplus could exceed the initial estimate by $6 billion or more.


A little perspective on the $51B SURPLUS...

"Recently, Russian military spending has ranged between the equivalent of $50 and $60 billion per year"

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