{"id":34698,"date":"2012-09-21T19:11:31","date_gmt":"2012-09-21T19:11:31","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/task_force-california_debt_instead_of_being_28_billion_is_167_to_335_billi\/"},"modified":"2012-09-21T19:11:31","modified_gmt":"2012-09-21T19:11:31","slug":"task_force-california_debt_instead_of_being_28_billion_is_167_to_335_billi","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=34698","title":{"rendered":"Task Force&#8211;California Debt, Instead of Being 28 Billion, is 167 to 335 Billion"},"content":{"rendered":"<p>Gov. Jerry Brown of California announced when he came into office last year that he had found an alarming $28 billion \u201cwall of debt\u201d\u009d looming over the state, which had to be dismantled.<\/p>\n<p>Since then, he has slowed the issuance of municipal bonds, called for spending cuts and tried to persuade the state\u2019s famously antitax voters to approve a tax increase this fall.<\/p>\n<p>On Thursday, an independent group of fiscal experts said Mr. Brown\u2019s efforts were all well and good, but in fact, the \u201cwall of debt\u201d\u009d was several times as big as the governor thought.<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2012\/09\/21\/us\/california-debt-higher-than-earlier-estimates.html\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gov. Jerry Brown of California announced when he came into office last year that he had found an alarming $28 billion \u201cwall of debt\u201d\u009d looming over the state, which had to be dismantled. Since then, he has slowed the issuance<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=34698\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,582,589,149,151,619,587,596],"tags":[],"class_list":["post-34698","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-consumerconsumer-spending","category-corporationscorporate-life","category-economy","category-politics-in-general","category-state-government","category-taxes","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/34698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34698"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/34698\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}