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Why California’s Budget Deficit Is Snowballing: Legislative Analyst | Gabriel Petek

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Konten disediakan oleh Siyamak Khorrami. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Siyamak Khorrami atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

Siyamak sits down with Gabriel Petek, California’s legislative analyst. He shares with us why California is facing such a huge budget deficit and how it may last a few more years. He also shares what it will take to solve this budget crisis.

“A couple of years ago, we had a $100 billion surplus, and we heard about these big numbers. Now, we’re estimating that we currently face a $68 billion budget deficit. The governor’s office also identifies about $30 billion in annual deficit,” Mr. Petek said. “In order to solve that problem, we would need $50 billion in higher revenues.”

  continue reading

183 episode

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iconBagikan
 
Manage episode 401519656 series 3364485
Konten disediakan oleh Siyamak Khorrami. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Siyamak Khorrami atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

Siyamak sits down with Gabriel Petek, California’s legislative analyst. He shares with us why California is facing such a huge budget deficit and how it may last a few more years. He also shares what it will take to solve this budget crisis.

“A couple of years ago, we had a $100 billion surplus, and we heard about these big numbers. Now, we’re estimating that we currently face a $68 billion budget deficit. The governor’s office also identifies about $30 billion in annual deficit,” Mr. Petek said. “In order to solve that problem, we would need $50 billion in higher revenues.”

  continue reading

183 episode

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