PolitiCal

On politics in the Golden State

« Previous Post | PolitiCal Home | Next Post »

Day 57: California struggles with deficit; Virginia has a surplus

August 26, 2010 | 12:12 pm

California is the last state in the nation without a spending plan. The budget deficit is an estimated $19.1 billion – roughly one-fifth of the general fund. IOUs loom within weeks.

But in a stark reminder that all states do not remain mired red ink, leaders of the statehouse in Virginia are facing down a different problem entirely: a $403.2-million surplus. Yes, a surplus.

Virigina's Republican Gov. Robert F. McDonnell took to the radio to defend the development Thursday.

-- Shane Goldmacher in Sacramento

twitter.com/ShaneGoldmacher

Comments 

Advertisement










Video