Times are tough across the country. Legislators in almost every state are frantically searching for ways to close their budget deficit gaps. Few have to work as hard as the elected officials in California. With a deficit currently at $15.4 billion, the state lacks cash for $126 of every $1,000 it spends (not counting federal funds). This has put Sacramento in a virtually unprecedented kill-the-deficit mode.
The rest of the nation better take notice. What California is going through now is what the federal government is going to have to face very soon. Our elected officials in Washington, DC better watch and learn, both what to do and what not to do. The causes of the U.S. deficit are largely the same as the causes of California’s budget gap: excessive spending on welfare state entitlement programs.
