4 ms·
Unless the LA Times is wrong, the rainy day fund is ~$8 billion. https://www.latimes.com/politics/essential/la-pol-ca-essential-politics-updates-california-s-b
by strictnein 7y ago
Unless the LA Times is wrong, the rainy day fund is ~$8 billion.
https://www.latimes.com/politics/essential/la-pol-ca-essential-politics-updates-california-s-budget-rainy-day-fund-is-1484089081-htmlstory.html https://www.latimes.com/politics/essential/la-pol-ca-essenti...
To put that into perspective, California's annual budget is over $200 billion, so you can run the state for about two weeks on that.