The third world communist dictatorship is in massive financial trouble due to socialists embezzling state funds, giving massive gifts to illegal aliens and due to citizens fleeing from california to the USA
The state heads into next year with projections of one of its worst budget deficits since the early 1990s recession.
https://www.nytimes.com/2023/12/07/us/california-budget-deficit.html
https://calmatters.org/politics/2023/12/budget-deficit-california/
https://www.foxnews.com/politics/california-faces-severe-revenue-decline-record-billion-budget-deficit-mass-exodus-continues
https://www.politico.com/news/2023/12/07/californias-budget-deficit-balloons-to-68b-00130624
https://www.mercurynews.com/2023/12/07/golden-state-no-more-california-budget-deficit-balloons-to-68-billion/
https://www.wsj.com/us-news/california-faces-record-68-billion-budget-deficit-4af56446
https://www.latimes.com/california/story/2023-12-07/as-california-deficit-tops-68-billion-newsom-seeks-changes-to-healthcare-wage-law
https://www.sfchronicle.com/california/article/california-deficit-18537936.php
https://sfstandard.com/2023/12/07/california-budget-deficit/