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![BackWilbur Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2829684706.png) Will I.B. Back [@BackWilbur](/creator/twitter/BackWilbur) on x XXX followers
Created: 2025-07-24 11:00:34 UTC

@CAgovernor @WSJopinion CA debt ratio @ 100%, May revised budget projection of -$12B deficit for 2025-26. Drawing down reserves and kicking the can down the road with deferred payments, social program cuts. The boasting about how great CA is needs to be dialed back substantially


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**Related Topics**
[government spending](/topic/government-spending)
[$12b](/topic/$12b)
[budgeting](/topic/budgeting)
[financial leverage](/topic/financial-leverage)
[debt](/topic/debt)
[ib](/topic/ib)

[Post Link](https://x.com/BackWilbur/status/1948337508292456733)