The Mercatus Center of George Mason University has released their 2017 edition of “Ranking the States by Fiscal Condition”. They rated states over 5 different categories: Cash Solvency, Budget Solvency, Long-run Solvency, Service-level Solvency, and Trust Fund Solvency. With these categories in mind, California has been rated 43rd out of the 50 states in fiscal condition.
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