05/15/2024

California and the feds: presidential picks aside, money matters

California and some other parts of the U.S. are in different political orbits when it comes to presidential picks. But the nation’s largest state and the federal government are more deeply entwined than ever on tax, spending and other fiscal matters.

In the wake of the presidential victory by Republican Donald Trump – who lost to Democrat Hillary Clinton in California by nearly 4.3 million votes – some Golden State denizens have suggested more autonomy if not outright independence from the rest of the United States.

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.

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