Budget Ideas: Help for Renters? Tax Hikes?
Fifth & Mission
00:00
Is There Not Enough Money in the Fund?
California has a $16 billion rainy day fund, but the shortfall is several times that size. The state can only use up to half of it in the first year and will have to figure out other ways to get through this time. "I will say we're in a better situation than we were a decade ago," says CNN's John Sutter.
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