California Heads for a Budget Crunch

Updated Nov. 20, 2022 12:40 p.m. ET The dome of the California state Capitol in Sacramento, Calif. Thursday, Nov. 17. Photo: Rich Pedroncelli/Associated Press Democrats in Sacramento last month sent $10 billion in direct payments to voters. Please don’t call them bribes. But with the election past, the state Legislative Analyst’s Office (LAO) last week …

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