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This current fiscal year, California boasted of a $100 billion surplus budget.

However, the combination of recession and inflation have drained the money, and the state is now facing a $25 billion deficit.

> This current fiscal year, California boasted of a $100 billion surplus budget. > However, the combination of recession and inflation have drained the money, and the state is now facing a $25 billion deficit.

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There's no surplus, there's a state constitutional amendment that requires them to lower taxes if there's a surplus. They play accounting games so they never have to lower taxes.