California Faces a New Quandary, Too Much Money, Democratic Party runs Government too good [View all]

[UCmeNdc]

The amount is a matter of debate, but by any measure significant: between $1.2 billion, projected by Gov. Jerry Brown, and $4.4 billion, the estimate of the Legislature’s independent financial analyst. The surplus comes barely three years after the state was facing a deficit of close to $60 billion. (left from the GOP administration.)



http://www.nytimes.com/2013/05/26/us/californias-new-problem-too-much-money.html?nl=todaysheadlines&emc=edit_th_20130526&_r=0