CA Reaches Deficit of $68B
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CA Reaches Deficit of $68B
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California’s deficit has reach record-breaking numbers. How can its leaders fix this problem? Will other states follow its example, or will they learn from this crisis?
From Just the News. California’s budget deficit has hit $68 billion, the Legislative Analyst’s Office announced on Thursday.
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The figure is substantially higher than the June estimate of $14.3 billion, Politico reported, and comes amid a drop in tax revenues across the Golden State. …
The numbers are something of a black eye to Democratic Gov. Gavin Newsom, who last week touted the successes of the Golden State during a televised debate with Florida GOP Gov. Ron DeSantis.
Newsom, the outlet noted, will likely have to make significant spending cuts to account for the unexpected shortfall.
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(Excerpt from Just the News. Photo Credit: Justin Sullivan/Getty Images)
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Father God by your word we pray for those subjected to the threat of huge and uncontrolled debt. Only by your light, wisdom, and guidance is there recovery from such things. Hush the voices that belittle the problem. Expose the waste that drains away the life blood of the hard working and industrious people of this or any state and nation. Guide them on the narrow pathway out of this disaster hanging over their future. Amen
I pray for Gavin Newsom to have eyes to see and ears to hear the door of escape that God has provided and walk through it to a future of life and health and happiness, not the demonic door of death, darkness and destruction. God gave us instructions to pray that you and Kathy Hochul and Greg Abbott and Gretchen Whitmer would have eyes to see and ears to hear the door of escape that He has provided and walk through it to a future of life and health and happiness, not the demonic door of death, darkness and destruction. I am praying that you will see the door of escape that God has provided and walk through it. In doing so, you will encounter a bright future. Do not walk through the demonic door of death, darkness and destruction!! You will suffer greatly if you go that route. God is giving you an escape route! Use it!! Draw close to the Lord. He wants to save you. Let Him help you escape destruction!! Praise the Lord. Amen.
The size of the debt is only important if you cannot meet the payments. Presumably they can meet the payments or economise so who cares.
Father God help the leaders to see their excessive spending as a condition of their hearts toward you. Forgive them for their rebelliousness and bring salvation. Amen
Lord we ask you to change their hearts. Hinder their plans for more spending. Thank for problem put it your hands. Jehovah lead us out of bondage to spending.