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To: Elroy Jetson who wrote (50711)5/31/2009 6:35:18 PM
From: Follies  Respond to of 218549
 
I have a simple way for California to balance its budget.
Assume that the state income this year is X billion. Go back to the last year that California spent X billion or less, and use that as the spending budget.

If there were 100,000 people receiving pensions that year but 200,000 now, then they each get half as much now.