It is not so bad...at least this is what the article says; http://finance.yahoo.com/banking-budgeting/article/111398/the-truth-about-california That California "bailout." There's no such thing. California bails us out. It has been bailing out the rest of America since, oh, about 1849 â before it even joined the union. Californians are so productive that every year they send billions of dollars in surplus dollars to the rest of America. Year after year they have sent vastly more in federal taxes than they ever get back in federal spending. California isn't our Greece, it's our Germany. It isn't Little Orphan Annie. It's Daddy Warbucks.