I recently noted that California Governor Gavin Newsom was not enthusiastic to write reparations checks as Big Tech banking troubles and residents fleeing the state (along with their businesses) have left the Golden State a bit cash-strapped.

It turns out the state’s economic situation is worse than I imagined, and I had imagined fiscal purgatory.

California Gov. Gavin Newsom (D) unveiled a revised $306.5 billion budget proposal on Friday, while announcing the state’s budget deficit had grown to $31.5 billion.