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  2. California state finances - Wikipedia

    en.wikipedia.org/wiki/California_state_finances

    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 ...

  3. What does the debt ceiling fight do to California’s economy ...

    www.aol.com/news/does-debt-ceiling-fight...

    The current debt ceiling was approved in December 2021 on a party line vote. It passed after months of political wrangling, and only because Senate Republican Leader Mitch McConnell agreed to ...

  4. California’s budget deficit is worse than anticipated — and ...

    www.aol.com/california-budget-deficit-worse...

    The tug-of-war between California Gov. Gavin Newsom and the nonpartisan Legislative Analyst’s Office over the state’s projected budget deficit took a new turn Tuesday, when the LAO announced a ...

  5. Debt Exceeds Income in All But One State — 10 States ... - AOL

    www.aol.com/debt-exceeds-income-one-state...

    Americans have been racking up debt very rapidly in the past months. For instance, as of the second quarter of 2023, total household debt rose by $16 billion to reach $17.06 trillion in the second...

  6. 2008–2012 California budget crisis - Wikipedia

    en.wikipedia.org/wiki/2008–2012_California...

    News reports and commentators have cited the state's various legislative supermajority requirements as a contributing factor to the state budget crisis. [23] [24] The state has a long history of supermajority requirements with a 1933 state ballot measure mandating a two-thirds supermajority to pass the state budget and California Proposition 13 (1978) mandating another two-thirds supermajority ...

  7. Disneyland - Wikipedia

    en.wikipedia.org/wiki/Disneyland

    Disneyland is a theme park at the Disneyland Resort in Anaheim, California. It was the first theme park opened by the Walt Disney Company and the only one designed and constructed under the direct supervision of Walt Disney , and opened on July 17, 1955.

  8. List of U.S. states by credit rating - Wikipedia

    en.wikipedia.org/wiki/List_of_U.S._states_by...

    State S&P Global [1] Moody's Ref. Fitch Ratings; Rating Date Ref. Alabama: AA Aa1 [2] AA+ May 10, 2022 [3] Alaska: AA- Aa3 [2] [4] A+ April 13, 2022 [5] Arizona: AA Aa1 [2] — [6] Arkansas: AA Aa1 [2] — California: AA- Aa2 [2] AA March 1, 2022 [7] Colorado: AA Aa1 [2] — [8] Connecticut: A Aa3 [2] [9] AA- May 24, 2022 [10] Delaware: AAA Aaa ...

  9. Map: The states with the highest and lowest amounts of ... - AOL

    www.aol.com/finance/map-states-highest-lowest...

    Low-debt states were primarily in the West — Utah ($18,350), New Mexico ($20,868) and California ($21,125). The share of graduates with debt ranged from 39% in Utah to 73% in South Dakota ...