California Defaults on $18.6 Billion Debt, Now Businesses Have to Pay - [theepochtimes.com]
The people of California have paid the highest taxes in the nation, and got nothing for it, because the infrastructures have been crumbling, as evidenced by the damage caused by floods. So where did those billions go? Democrats are in charge. Nuff said.
I can't say it often enough; I'm continually glad that I left and escaped that rat hole those many years ago.