Topics

Civil and Public Service
With budget balanced, California should cut into credit card debt
With budget balanced, California should cut into credit card debt

Any struggling family knows that first you put food on the table, make sure there's a roof overhead and lay in some daily essentials. Only then can you realistically think about paying down the credit card. True, you shouldn't have run wild with the card in the first place. But that's past. Now, you create a repayment plan and muster some discipline. That's where Sacramento sits currently with its daunting credit card debt. The state's annual budget that covers daily expenses is finally balanced after years of recession-plagued deficits. Yes, previous politicians deserve criticism for bad planning. They gave away unaffordable tax cuts and spent lavishly,...

Loading