California Is Still Not Out of Its Budget Hole

By:

John Fund

In:

The Wall Street Journal

“Whatever is done, everyone from bondholders to wealthy Californians eyeing the exit doors need to see the state start to get serious about tax reform, spending limits and stifling regulations. “There’re lots of ideas,” says Joel Kotkin of Chapman University.

“But they all must start with California stopping policies that seem determined to wage war against its own economy.”

California Is Still Not Out of Its Budget Hole