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“This is a great idea (in theory). However, in practice, the government can never hope to have a surplus (except by accident), because legislators are always looking to spend any available money. In years of plenty, they will go ahead and spend (knowing the "rainy day" fund is available).”

From a Republican in Pasadena, CA
In reponse to: Should California set aside 3% of tax revenue into a “rainy day” fund?

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