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Re:San Francisco proposes “IPO tax” on eve of Uber offering by strictnein on Thursday May 09, 2019 @10:41PM (#19874599)
Unless the LA Times is wrong, the rainy day fund is ~$8 billion.

https://www.latimes.com/politics/essential/la-pol-ca-essenti...

To put that into perspective, California's annual budget is over $200 billion, so you can run the state for about two weeks on that.

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