California’s Democrats knew about a $2 billion budget accounting error for months, but the reason nobody told the public is the part that should alarm you
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California Democrats were aware of a roughly $2 billion budget accounting error for months before the issue was publicly disclosed in April. Governor Gavin Newsom’s January spending plan had already projected a $2.9 billion deficit for the coming fiscal year, as detailed by Fox News. The delayed disclosure has drawn scrutiny from lawmakers and budget analysts alike. The error is tied to the state’s public employee retirement system, CalPERS. Newsom’s administration double-co
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