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The U.S. state of California had a budget crisis in which it faced a shortfall of at least $11.2 billion, [1] and projected to top $40 billion over the 2009–2010 fiscal years. [ 2 ] 2008
California faced another budget gap for 2010, [8] with $72 billion in debt. [9] California faced a massive and still-growing debt. [10] In June 2009 Gov. Arnold Schwarzenegger said "Our wallet is empty, our bank is closed and our credit is dried up." [11] He called for massive budget cuts of $24 billion, about 1 ⁄ 4 of the state's budget. [11 ...
Credit ratings for state debt from S&P Global as of May 2021: ... California: AA- Aa2 [2] AA March 1, 2022 [7] Colorado: AA ... 2010 2009 2008 2007 2006 2005 2004
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Across the country, states aren't doing very well with their budgets. In fact, 27 U.S. states didn't have the money to pay their bills as of the end of fiscal year 2023, according to nonpartisan ...
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The economy of the State of California is the largest in the United States, with a $4.080 trillion gross state product (GSP) as of 2024. [1] It is the largest sub-national economy in the world. If California were a nation it would rank in terms of nominal GDP as the world's sixth largest economy , behind India ( 4.27 trillion ) and ahead of the ...
Paramount Pictures / Nickelodeon Movies / Blinding Edge Pictures / The Kennedy/Marshall Company M. Night Shyamalan (director/screenplay); Noah Ringer , Dev Patel , Nicola Peltz , Jackson Rathbone , Shaun Toub , Aasif Mandvi , Cliff Curtis , Seychelle Gabriel , Katharine Houghton , Francis Guinan , Damon Gupton , Summer Bishil , Randall Duk Kim ...