Despite an improving national economy,California's annual state budget continues to run deficits that range into the billions of dollars.

Question

Quizplus · Accepted Answer

California has experienced periods of budget surpluses, particularly in recent years, due to a strong economy and high tax revenues, especially from the tech sector. The state's budget situation can fluctuate, but it does not continuously run deficits in the billions.

Despite an Improving National Economy,California's Annual State Budget Continues to Run