It’s the amazing disappearing Democratic debt!
Almost all of $650 million dollar budget deficit San Francisco was facing has been wiped out by Joe Biden’s COVID-19 bill. Isn’t that simply amazing!
The San Francisco Chronicle reports that the $600 million coming in from taxpayers across the country will help their city greatly.
“That leaves mayor London Breed and the Board of Supervisors with a $50 million hole to fill, a fraction of what they were preparing to deal with.”
It must be nice to live in House Majority Leader Nancy Pelosi’s district (when you are not stepping over the feces on the street).
Related: San Francisco Spends $16.1 Million To Shelter 300 Homeless People In TENTS
The city, which was preparing for some serious budget cuts, will now be able to avoid most of them.
It will be interesting to see how Washington’s bailout of San Fran affects the budget-writing plans in the future.
According to the Chronicle:
'We still have a problem,' said Jeff Cretan, spokesperson for the mayor. 'We just don’t have a problem right now.'
I’m sure if the Democratic city should spend too much again, Democrats in Washington and the Biden administration will come to the rescue… with hundreds of millions of your federal taxpayer cash.
Isn’t that amazing?