I'm Sorry, but California Is HOW Deep in the Hole?
California is experiencing a significant revenue boom, with tax revenues increasing over 30% in three years. However, the state is facing a structural deficit that could reach $16.9 billion despite the influx of cash. The reliance on reserves to balance the budget raises concerns about the sustainability of this financial strategy.
- ▪California's tax revenues have increased by more than 30% in the last three years.
- ▪The Legislative Analyst's Office warns of a structural deficit for the upcoming budget years.
- ▪Governor Gavin Newsom's budget proposal relies heavily on withdrawing from the state's rainy day fund.
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Story provenance
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Record
| Original publisher | PJ Media |
| Canonical URL | https://pjmedia.com/vodkapundit/2026/05/20/im-sorry-but-california-is-how-deep-in-the-hole-n4953057 |
| Publication time | Wed, 20 May 2026 10:20:00 -0400 |
| Retrieval time | 2026-05-20T14:24:31.278Z |
| Last seen | 2026-05-20T14:29:52.299Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | t5j4gp79i8t_ |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
I'm Sorry, but California Is HOW Deep in the Hole? Stephen Green | 10:20 AM on May 20, 2026 AP Photo/Damian Dovarganes What do you call a state absolutely flush with cash, with tax revenues booming more than 30% in just three years? If it's California, you call it "Broke."Wait, wut? Advertisement googletag.cmd.push(function () { googletag.display("div-gpt-300x250_3"); //googletag.pubads().refresh([gptAdSlot["div-gpt-300x250_3"]]) }); “I once heard that the job of a budget analyst is to find the gray cloud in every silver lining, so unfortunately, along with the silver linings of revenues, we see quite a bit of gray clouds on the horizon,” Rachel Ehlers, deputy legislative analyst for the Legislative Analyst’s Office (LAO), told California lawmakers on Tuesday.The silver lining is the…
Excerpt limited to ~120 words for fair-use compliance. The full article is at PJ Media.
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