December 6, 2021

Walters: Perfect storm clobbers California cities

“The money the Feds are sending to San Diego will just about cover the budget deficit of the city PRIOR to the virus killing the economy. How much of that money will be needed to pay its increased CalPERS payments? Los Angeles was looking at hundreds of millions in deficits prior to the virus and then you have Sacramento. The Mayor is going to use the money for government housing instead of creating jobs for the people by limiting government, not increasing it.”

Walters: Perfect storm clobbers California cities