California has budget rules that cap its ability to save money from surpluses and require it to issue refunds: https://www.capradio.org/articles/2024/01/22/how

California has budget rules that cap its ability to save money from surpluses and require it to issue refunds: https://www.capradio.org/articles/2024/01/22/how-california-budget-rules-can-prevent-saving-for-a-rainy-day-and-why-newsom-wants-to-change-that/ https://www.capradio.org/articles/2024/01/22/how-california-...