“It wouldn’t surprise me that this budget deficit, depending on a recession, would get to $50 to $100 billion.”
Siyamak sits down with Scott Baugh, a former California state representative and Republican assembly leader.
California could be looking at a $25 billion budget deficit in the coming fiscal year. What caused the state to experience a potential deficit after having a huge surplus the past two years? Will services be cut? Or will we pay higher taxes?
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