I saw Lieutenant Governor Gavin Newsom of California, now running for governor, state he was for including illegal aliens in a statewide health care program. He bragged that he was able to do the same for San Francisco and pay for the program. Newson left office in 2011. However, in 2011, the unfunded pension debt for San Francisco’s civil servants was over $3 billion. Now, the unfunded portion of the pension fund and healthcare, combined, is about $10 billion. Newsom didn’t pay for the program. He borrowed against the future. BTW, his liberal successors turned the place into an open air toilet. The city is paying clean up crews $185,000 per person to clean up the muck.
California is in a similar financial state. Standard and Poor rate the state at AA- in 2017. That’s below Alabama’s AA rating. Only two states were lower than AA-. Illinois, of course, was BBB-, the worst. The total state debt is about $428.6 billion. California’s entire state and local government debt is $1.3 trillion. So, how will Newsom pay for the illegals healthcare? http://www.usdebtclock.org/sta...rnia-debt-clock.html
https://www.city-journal.org/html/san-francisco’s-pension-crisis-10940.html
http://www.sfexaminer.com/genu...scos-pension-crisis/
https://ballotpedia.org/State_credit_ratings
http://www.usdebtclock.org/sta...rnia-debt-clock.html
https://californiapolicycenter...totals-1-3-trillion/