real estate bubble

California Underfunds Mental Health Programs Then Blames State's Mental Health Problems on Yoga

California Underfunds Mental Health Programs Then Blames State's Mental Health Problems on Yoga
The unfortunate timing of Prop 63's passing at the apex of the real estate bubble has relegated California's mental health spending measure to a backfill for cutting tax dollars. The earmarked $5 billion became an example of "fiscally responsible budget cuts" before it ever could go into effect. The state auditor released a report that detailed Prop 63's remaining spending, but missed the key point — its underfunding.
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