What happened to states balancing their budgets? (Congress, stats, carry)

[Objective Detective]

Most of all the states have legislation requiring them to have balanced budgets except Vermont(Panders).

In 2004 the Terminator created Ballot Proposition 58 which required California to have a balanced budget. It passed with 71% of the voters in favor.

https://en.wikipedia.org/wiki/Califo...ition_58_(2004)

California does not have a balanced budget nor do many if not most of the states that are supposed to.

Not surprisingly, most of these states are dem/big-gov states.

Some of these states that are failing to keep balanced balanced are now creating revenue by dubious means like the taxation of pot sales.(Get it-dubious ha ha)

Why are these states being allowed to have chronically unbalanced budgets?

[latimeria]

While we’re at it, what about the US budget?

[Old Gringo]

Pubs love deficits when they're in control.

They yip and yap endlessly when they're in the minority.

Carry on.

[Objective Detective]

Originally Posted by latimeria

While we’re at it, what about the US budget?

Do you even have a clue about how budgets work and become sustainable in the context of a 50 state democracy? You don't have to answer, come back with facts.

The fact is most 'blue' states are broke as a bad joke and running on credit and the stock markets.

[latimeria]

Originally Posted by Objective Detective

Do you even have a clue about how budgets work and become sustainable in the context of a 50 state democracy? You don't have to answer, come back with facts.

Just asking since it isn’t balanced either. It’s part of the discussion too. That’s all.

[pknopp]

Originally Posted by Objective Detective

California does not have a balanced budget nor do many if not most of the states that are supposed to.

You saying this does not make it so.

[skycaller23]

Originally Posted by latimeria

While we’re at it, what about the US budget?

We don't have a law for a balanced budget at the Fed level.
And Congress just raises the debt ceiling so we can take on even more debt we'll never repay.

[Objective Detective]

Originally Posted by pknopp

You saying this does not make it so.

Nor does you saying it doesn't make it not so. Come back with some facts/stats or insight instead of empty words.

[Objective Detective]

The non-informed or poorly understanding person doesn't understand that the Fed having a balanced budgets starts with STATES having balanced budgets and not leeching off the Fed.

The Fed was never supposed to be the nanny or sugar daddy of the states, It was designed to serve and protect Constitutional freedoms of the states.

[pknopp]

Originally Posted by Objective Detective

Nor does you saying it doesn't make it not so. Come back with some facts/stats or insight instead of empty words.

I didn't start the thread. It's up to you to back what you said otherwise it's just ranting.