The state of California is $340.7 billion in debt and while it is on track to repay much of the sum, it's not doing anything about unfunded liabilities for teacher pensions and state retiree health care, the Legislature's budget analyst said Wednesday.Common Core math out in California.
Legislative Analyst Mac Taylor issued a comprehensive report on all state debts, including the "Wall of Debt" that Gov. Jerry Brown has cited.
Wednesday, May 07, 2014
Report says California owes $340.7 billion, some being ignored
The Sacramento Bee reports: