$12 Billion Underwater - NBC 7 San Diego
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$12 Billion Underwater

    Winter Olympics PyeongChang 2018 Medal Count
    Country
    Total
    1
    Norway
    13141037
    2
    Canada
    108927
    3
    Germany
    137626
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    NEWSLETTERS

    $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.