加州財政瘋狂：借款$ 21.6億美元，以支付現金短缺
精神錯亂是一個詞來形容，加州正計劃借216億美元，以支付現金短缺可能離開國家沒有足夠的錢支付帳單的新聞。立法機關採取行動，解決國家的預算赤字是失敗的原因為何加州現在是財政不負責任的領導人。
但是，這不只是立法機關故障;總督繼續拖延有效的預算行動，並多次在路上踢這場大規模的問題。每一天沒有找到解決辦法，增加的數額，需要削減或稅收增加額。
州審計長江俊輝說，截至2月28日，國家支出為8個月的本財政年度，收入為2.5億元以上預算為2.5億美元，低於預測。同樣在二月，控制器為退休人員醫療福利的資金缺口達62.1億美元。這是除了$ 398億美元的資金沒有著落的養老金責任，根據國家財政預算方案。
同時立法機關的預算分析師宣布的是，收入本財年餘下時間和明年可能是65億美元的州長傑里·布朗的短期預測，他提出的稅收增加和包括1從Facebook的大股票轉讓稅20億美元的暴利，甚至。
州長布朗在一月提出預算，關閉了92億美元的赤字，但無黨派立法分析師辦公室的建議，布朗的估計過於樂觀的財政赤字有可能比這個數字高得多。總督的“平衡預算”依靠60億美元的稅收被放在秋季選票，由選民批准的增加。
這一切導致了當年的合併現金21.6億美元的逆差地位。加州截至上一財年的82億美元的現金赤字。這些現金赤字正在蓋內部借貸（臨時貸款專項資金）的$ 15.2億美元，對外借款6.4億美元。
今年一月，加州公共僱員退休系統同意讓國家拖延直到4月$ 527萬美元的款項，包括國家僱員的利益。但是，這只是一個短期波段援助來四月，這筆錢將拖欠。
的問題，繼續在二月時立法會，而不是採取一個平衡的預算，通過立法讓國家從內部帳戶借款$ 865億美元，以幫助國家廣告的現金短缺，可能會離開國家沒有足夠的錢支付帳單。此外，該控制器已經推遲，使公立高校，縣和保健方案，為窮人支付1億美元以上。同時，今年二月國家稅收為12億美元，或22％，低於去年2月的集合。
立法計劃生產預算，由6月15日是“平衡”的假設，選民批准新的稅種，自動“觸發器”，將削減開支進一步，特別是學校的開支，如果不是由選民批准增稅。
現在是清算的日子。總督和國會議員必須停止使用的噱頭，並立即採取行動，採取一個平衡的預算。國家財政預算解決方案，敦促州長布朗和所有的立法者創造真正的結果和績效為基礎的預算措施的預算為基礎的解決方案。加州再也不能等待他們的政府，得到它的頭沙，並開始代其行事。

CA Fiscal Insanity: borrowing $21.6 billion to cover cash shortfalls
Insanity is the one word to describe the news that California is planning to borrow $21.6 billion to cover cash shortfalls that might leave the state without enough money to pay its bills. The legislature’s failure to take action on solving the state’s budget deficit is the reason why California is now the leader in fiscal irresponsibility.
But this isn’t just the legislatures fault; the Governor has continued to delay effective budget action and repeatedly kicked this massive problem down the road.  Each day no solution is found increases the amount that needs to be cut or the amount of tax increase.
State Controller John Chiang said that, as of February 28, state spending is running $2.5 billion above budget for eight months of the current fiscal year and revenue is $2.5 billion below forecast. Also in February, the Controller reported a $62.1 billion unfunded liability for retiree health care benefits. That is in addition to the $398 billion unfunded liability for pensions, according to State Budget Solutions.
Meanwhile the Legislature’s budget analyst declared that revenue for the remainder of this fiscal year and all of next is likely to be $6.5 billion short of Governor Jerry Brown’s forecast even with his proposed tax increase and including a $2 billion windfall in taxes from Facebook’s big stock sale.
Gov. Brown in January proposed a budget to close a $9.2 billion deficit, but the nonpartisan Legislative Analyst’s Office has suggested that Brown’s estimates are overly optimistic and that the deficit is likely much higher than that figure.  The Governor’s “balanced budget” relies on a $6 billion tax increase being placed on the fall ballot and approved by voters.
All of this led to the combined current-year cash deficit standing at $21.6 billion.  California ended last fiscal year with a cash deficit of $8.2 billion. Those cash deficits are being covered with $15.2 billion of internal borrowing (temporary loans from special funds) and $6.4 billion of external borrowing.
In January, the California Public Employees Retirement System agreed to allow the state to delay making a $527 million payment until April to cover state employees’ benefits. But this is only a short-term band-aid and come April, money will be owed.
The problems continued when the legislature, rather than adopting a balanced budget, passed legislation in February to let the state borrow $865 million from internal accounts to help the state advert a cash shortfall that might leave the state without enough money to pay its bills.  In addition, the controller has delayed making more than $1 billion in payments to public colleges, counties and health programs for the poor. Meanwhile, state tax collections for this February were $1.2 billion, or 22 percent, below last February’s collections.
The Legislature plans to produce a budget by June 15 that is “balanced” with the assumption that voters approve new taxes, with automatic “triggers” that would slash spending further, particularly school spending, if the tax hikes are not approved by the voters.
The Day of Reckoning is now.  The Governor and lawmakers must stop using gimmicks and take action now to adopt a balanced budget.  State Budget Solutions urges Gov. Brown and all of the legislators to create real budget solutions that are based on outcome and performance-based budget measures.  California can no longer afford to wait for their government to get its head out of the sand and start acting on their behalf.