Friday, March 29, 2013

What is California's Net Worth?

   According to State Auditor Elaine Howle, the state has a negative net worth of $127.2 billion due to continued spending during the fiscal crisis.

1 comment:

  1. AnonymousMarch 30, 2013 at 2:29 AM

    Don't forget the State's Pension Deficit Liabilities for CalPers and the California State Teacher's retirement system is a big negative.
    Taxpayer's are financially responsible for the dereliction of duty by the state elected officials.
    Get your checkbooks out, more taxes, fees, surcharges coming your way.

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