Polish Leppy 22
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That's all well and good, but California can't toot its horn for a "budget surplus" while billions of unfunded liabilities hang in the balance with no plan.Maybe you should...
In terms of funding ratio California ranks 27th in the US... about average. In terms of Unfunded Liabilities as a Percentage of Gross State Product (GSP), basically the equivalent of debt-to-GDP ratio economists judge national debt on, California ranked 28th... about average. In terms of Percent Actuarially Determined Contribution (ADC) Paid, while California is at #41, they're still at 95.83%.
California isn't Illinois, Connecticut, or New Jersey.