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Editorial: California's budget is surprisingly flush with a tax surplus

Californians may have missed one of the biggest surprises of this pandemic year. Sacramento is swimming in a tax surplus, and the amount is in the tens of billions. A worried, shut-in population may think that state government is hurting along with them, but that’s not the case by a long shot.
Dec 14, 2020

Californians may have missed one of the biggest surprises of this pandemic year. Sacramento is swimming in a tax surplus, and the amount is in the tens of billions. A worried, shut-in population may think that state government is hurting along with them, but that’s not the case by a long shot.

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