California Discovers $26 Billion Under the Sofa Cushions — Mother Jones

Like every state, California has been bracing for fiscal disaster thanks to plummeting tax revenue caused by COVID-19 lockdowns. But then a funny thing happened: California’s state budget faces a dramatic boom-and-bust period over the next four years, analysts said Wednesday, a roller-coaster period that could begin with a $26-billion tax windfall and later plunge…

California Discovers $26 Billion Under the Sofa Cushions — Mother Jones

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