# California back in the red. (out of money)

**URL:** <https://forums.speedlife.net/t/california-back-in-the-red-out-of-money/74662>\
**Category:** PolitiSUCK\
**Created:** [October 10, 2009, 1:06am UTC](https://forums.speedlife.net/t/california-back-in-the-red-out-of-money/74662 "2009-10-10T01:06:02Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Penfold](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/penfold/32/5007_2.png) [@Penfold](https://forums.speedlife.net/u/Penfold)\
**Post date:** [October 10, 2009, 1:06am UTC](https://forums.speedlife.net/t/california-back-in-the-red-out-of-money/74662/1 "2009-10-10T01:06:02Z")

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[http://www.bloomberg.com/apps/news?pid=20601087&sid=ahpLpu9sKLyY](http://www.bloomberg.com/apps/news?pid=20601087&sid=ahpLpu9sKLyY)

So after guaranteeing next years tax revenues to debt to pay for this year’s deficit, CA already needs more money.

I honestly don’t know how they will ever get out of this hole that just keeps getting deeper.