$12 billion is the estimate from a credit rating agency, Moody's, of what the state's budget deficit will be next year.
And yes, the state passed a new budget just this month.
And yes, it's already out of balance.
$12 billion is the estimate from a credit rating agency, Moody's, of what the state's budget deficit will be next year.
And yes, the state passed a new budget just this month.
And yes, it's already out of balance.