Report: California is still facing huge debt problems
01-11-2025 16:00 via ocregister.com

Report: California is still facing huge debt problems

With their addition to spending and subservience to public-sector unions, California lawmakers have ignored the state’s debt crisis. In particular, the Legislature has basically shrugged as unfunded public-employee pensions have not only nibbled away at the general fund, but have consumed municipal budgets. At the local level, pension costs crowd out spending on vital public services.
A new report from the libertarian Reason Foundation should serve as a wakeup call for Gov. Gavin Newsom an
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