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"The Los Angeles Times reports that the state owes $8.6 billion already, and will have to come up with a $362-million payment to Washington by the end of next September."
Calif borrows $40M a day to pay unemployment (http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2010/11/07/state/n100503S24.DTL - broken link)
"The state is borrowing $40 million a day from the federal government to provide assistance to jobless workers, but has resisted changing the formulas it uses to determine and fund those benefits."
"Your government's run by a brothel of environmentalists, lawyers, public-sector unions and legislative bums. When they're not taxing or spending, they're creating regulations and commissions like the Board of Barbering and Cosmetology and the California Blueberry Commission. Many businesses would leave if it weren't for your sunny climate. Which may explain why you're so obsessed with climate change. If your climate changes, no one, including your Hollywood friends, would tolerate you anymore. So you've created a law to tax carbon emissions—no matter that it will kill jobs."
California isn't the only state but it is the Number 1 state. Why do we keep lending them money? Think about it. If you were in debt up to your eyeballs would your bank keep lending you money? Remember this is the state that just built the Taj Mahal (cost $578 million) of public schools.
California. The endless bummer... or was it summer? Anyways, the working folks and their 'past' employers that ever worked for a check have contributed to the 'unemployment insurance' more than they'll ever collect.
Where the heck has all that money gone? That the state has to bum it off the feds?
California. The endless bummer... or was it summer? Anyways, the working folks and their 'past' employers that ever worked for a check have contributed to the 'unemployment insurance' more than they'll ever collect.
Where the heck has all that money gone? That the state has to bum it off the feds?
This is no suprise. They keep voting in the same idiot libs and they keep getting more and more in the hole. They made their bed and they should be forced to lie in it....by themselves!!
This is all easily verifiable. And your wrong by the way.
Federal Spending Received Per Dollar of Taxes Paid by State
New Jersey $0.61
Nevada $0.65
Connecticut $0.69
New Hampshire $0.71
Minnesota $0.72
Illinois $0.75
Delaware $0.77 California $0.78
New York $0.79
Colorado $0.81
Massachusetts $0.82
Wisconsin $0.86
Michigan $0.92
Oregon $0.93
Texas $0.94
Florida $0.97
Rhode Island $1.00
California Federal Tax Dollars Spent In Other States(This is the difference between what CA Pays into the Federal Treasury and what is spent here)
1987 $8 Billion
1988 $15 Billion
1989 $20 Billion
1990 $18 Billion
1991 $9 Billion
1992 $3 Billion
1993 $3 Billion
1994 $1 Billion
1995 $1 Billion
1996 $21 Billion
1997 $35 Billion
1998 $52 Billion
1999 $67 Billion
2000 $101 Billion
2001 $77 Billion
2002 $35 Billion
2003 $14 Billion
2004 $18 Billion
2005 $47 Billion 1987-2005 $545 Billion The Tax Foundation - Federal Taxes Paid vs. Federal Spending Received by State, 1981-2005
Including 2006-2009, approximately $800 Billion of California's money spent in other states btwn 1987-2009.
Your welcome by the way.
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