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> "No Capacity for New Commitments State Faces Annual Multiyear Deficits of Around $20b" [1] The budget of California is $320B. This is more than the _entire_
by cyberax 2y ago
> "No Capacity for New Commitments State Faces Annual Multiyear Deficits of Around $20b" [1]
The budget of California is $320B. This is more than the _entire_ discretionary budget of the US.
> "Ric Grenell, a Trump ally serving as his envoy for special missions, said Friday that “there will be conditions” to any federal aid for the state.
Yeah, these are public statements. I expect that there's frantic back-room dealing right now to make sure that the relief funds are not attached to any conditions. Because in the long-term, that will benefit the states that have money.
> Why would you assume the Democrats would do that?
Because the Democrats who are unwilling to play ball will not get re-elected. I'm not talking about this electoral cycle, this will take a bit more time. For Republicans, it took about 8 years to get from the Tea Party to MAGAs.
- Braxton1980 2y ago> Yeah, these are public statements. I expect that there's frantic back-room dealing right now to make sure that the relief funds are not attached to any conditions. Because in the long-term, that will benefit the states that have money. I hope so but it also seems people keep thinking Republicans/Trump won't step over a line but end up doing it >The budget of California is $320B. This is more than the _entire_ discretionary budget of the US. It's 1.7T https://www.cbo.gov/publication/most-recent/graphics https://www.cbo.gov/publication/most-recent/graphics
- cyberax 2y ago> I hope so but it also seems people keep thinking Republicans/Trump won't step over a line but end up doing it I'm sure they'll try. But I'm also sure that this practice of using relief funds as for political pressure won't stick, exactly because money is power. > It's 1.7T https://www.cbo.gov/publication/most-recent/graphics https://www.cbo.gov/publication/most-recent/graphics Thanks! I meant it in a bit different way: not Defense related, not International Affairs, and not law-enforcement/justice related. By my count, that's $330B.
- Braxton1980 2y agoAnd did you use the same exceptions to calculate the CA budget?