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California, Under the Leadership of Gov. Moonbeam DEEPLY REGRET a $1.9 BILLION MISS on Entitlement Spending
CA to legislature: Hey, we “deeply regret” that $1.9 billion miss on entitlement spending
POSTED AT 7:21 PM ON JANUARY 19, 2017 BY ED MORRISSEY
[...]
Gov. Jerry Brown’s administration miscalculated costs for the state Medi-Cal program by $1.9 billion last year, an oversight that contributed to Brown’s projection of a deficit in the upcoming budget, officials acknowledged this week.
The administration discovered accounting mistakes last fall, but it did not notify lawmakers until the administration included adjustments to make up for the errors in Brown’s budget proposal last week. The Democratic governor called for more than $3 billion in cuts because of a projected deficit he pegged at $1.6 billion.
“There’s no other way to describe this other than a straight up error in accounting, which we deeply regret,” said H.D. Palmer, a spokesman for the Department of Finance.
[...]
http://www.mercurynews.com/2017/01/18/1-8-billion-error-adds-to-california-deficit-projection/
http://hotair.com/archives/2017/01/19/ca-to-legislature-hey-we-deeply-regret-that-1-9-billion-miss-on-entitlement-spending/
Oops...we made a bit of an error here...not to worry, it's ONLY $1.9 BILLION!
CA to legislature: Hey, we “deeply regret” that $1.9 billion miss on entitlement spending
POSTED AT 7:21 PM ON JANUARY 19, 2017 BY ED MORRISSEY
[...]
Gov. Jerry Brown’s administration miscalculated costs for the state Medi-Cal program by $1.9 billion last year, an oversight that contributed to Brown’s projection of a deficit in the upcoming budget, officials acknowledged this week.
The administration discovered accounting mistakes last fall, but it did not notify lawmakers until the administration included adjustments to make up for the errors in Brown’s budget proposal last week. The Democratic governor called for more than $3 billion in cuts because of a projected deficit he pegged at $1.6 billion.
“There’s no other way to describe this other than a straight up error in accounting, which we deeply regret,” said H.D. Palmer, a spokesman for the Department of Finance.
[...]
http://www.mercurynews.com/2017/01/18/1-8-billion-error-adds-to-california-deficit-projection/
http://hotair.com/archives/2017/01/19/ca-to-legislature-hey-we-deeply-regret-that-1-9-billion-miss-on-entitlement-spending/
Oops...we made a bit of an error here...not to worry, it's ONLY $1.9 BILLION!