Saturday, March 30, 2013

STATE AUDITOR: CA NET WORTH NEGATIVE $127.2 BILLION

You mean it's not worth less?

At end of the week, California's State Auditor released its annual financial report for the state. The report, compiled by Auditor Elaine Howle, found the state has a net worth of -$127.2 billion. If the state were a business, it would be a candidate for liquidation.

No comments:

Post a Comment