California and the feds: presidential picks aside, money matters
Little mention is made of the federal government’s major role in the lives of Californians, from the $47.5 billion in federal contracts awarded to state businesses and other recipients in federal fiscal year 2015, or the nearly $96 billion in federal funds in the current state budget, representing more than one-third of the budget total.. . . A report last year by the New York Office of the Comptroller concluded that California received 99 cents in federal spending for every dollar it paid in federal taxes during the 2013 federal fiscal year, one of 11 states that received less federal money than they paid in taxes. California, though, has outsized involvement in some federal programs. For example, the state has embraced the federal Affordable Care Act, known as Obamacare, opting to expand Medi-Cal to cover more than 3.5 million new participants.