California's Debt Problem

The San Francisco Chronicle reports:

Brown has put a big target on what he has deemed "the wall of debt," which amounts to $33.5 billion from skipped payments, internal loans and traditional borrowing used to balance the budget since 1985 with the bulk of that debt accumulated in the past decade, according to the Department of Finance.

The practices are the quintessential smoke-and-mirrors, kick-the-can-down-the-road tactics that have become staples of budgets and of public disdain in California. Under Brown's budget plan, the state would take aggressive action, paying all of that debt back by 2016.

Yet, California "progressives" want government to take on more responsibilities in society!