In this video, we break down:
✔️ Why California’s budget keeps falling into the red
✔️ How overspending and overpromising have created structural deficits
✔️ The impact of Medi-Cal, CalFresh, pension liabilities, and statewide costs
✔️ Why Republicans say they’re locked out of budget talks
✔️ Why Democrats blame federal policy and Trump
✔️ SEIU’s proposed one-time billionaires tax ballot measure
✔️ Why California is less prepared for a recession than ever
✔️ A comparison to Texas — and why Texas is running a $23.76 billion surplus
✔️ What cuts or tax hikes are likely coming next
California brings in more revenue every year — yet the deficits keep growing. Is it a spending problem? A revenue problem? Or political denial?
Drop your thoughts in the comments:
Should California start cutting spending, or raise taxes again?
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