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State Debt Hits $2,559 Per Californian

Of the nation's 10 most populous states, only New York and Illinois owe more money per capita than California. Tell us what you think.

Maybe California's state motto should be changed from Eureka ("I have found it") to Caramba ("I have spent it").

According to a new report from the state treasurer, eliminating California's red ink would require every man, woman and child in the state to pony up $2,559.

Among the nation's 10 most populous states, only New York ($3,208) and Illinois ($2,564) owe more per capita.

In contrast, Texas' state debt totals $588 per resident and Michigan is $785.

In the 2012-13 fiscal year, California's debt service bill is projected at $8.6 billion, or nearly 9 percent of general fund revenues. If Prop. 30 fails, that percentage would climb higher, the report says.

Tell us what you think in the comments: How should California erase its red ink?

Joker Joe October 02, 2012 at 08:44 PM
http://www.youtube.com/watch_popup?v=JVAhr4hZDJE&vq=medium#t
Kathi October 02, 2012 at 08:47 PM
Bobo, I think you missed my point. Yeah there is a valid problem that you bring up, but I don't think that all Muslims here are doing that. I have some nice Muslim friends & neighbors. But yes I realize that worldwide many of them are attacking & killing Christians & even other Muslims & even in the US there is some of that, but apparently not all Muslims are doing that. Plus this is off the topic of the article which is about state debt.
Buy My Bikes October 02, 2012 at 09:05 PM
California expensive but totally worth it!!!!!
Joker Joe October 03, 2012 at 02:49 PM
Kathi I did not miss your point. But I think you missed my point. Yes there are Muslims that are nice and they apologize for other Muslims. But when you get enough of them together it is a mob mentality and they will destroy the country and the constitution. In the film below look at all the YOUNG kids cursing and attacking the peaceful sign holders. It's called mob mentality and that is the way they are being brought up. The Koran is their guide and the way they interpret it is if you are not a believer in Islam you are the enemy. Time to wake up!!!
Joker Joe October 03, 2012 at 02:58 PM
This should help the state debt... not. SACRAMENTO, Calif. (KABC) -- California Gov. Jerry Brown announced Sunday he has signed a bill making hundreds of thousands of young undocumented immigrants eligible for driver's licenses. AB2189 was proposed by Assemblyman Gil Cedillo (D-Los Angeles) and it will let the Department of Motor Vehicles issue licenses to illegal immigrants eligible for work permits under a new Obama administration policy. The bill allows people who are granted deferred action to apply for a driver's license and requires the DMV to accept as proof of legal residence whatever document the federal government provides to the participants in the deferred action program. With this law only one of four immigrants would qualify. They would have to be between the ages of 15 and 31, entered the U.S. before the age of 16 and been residents for at least five years. Cedillo has long been a champion of securing driver's licenses for undocumented immigrants so they can drive legally. He praised Brown for choosing "public safety over politics" by signing the bill.

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