Your task is to predict the verdict of a claim based on the provided question-answer pair evidence. The possible labels are: 'Supported', 'Refuted', 'Not Enough Evidence', 'Conflicting Evidence/Cherrypicking'. Justify your answer using the provided evidence and select the correct label.

Claim: California is in $54 billion debt in 2020.

Q1: What was California's budget deficit in 2020
A1: California faced a $54.3 billion deficit as the coronavirus pandemic hammered the economy

Q2: What is the cause of the deficit
A2: The bulk of the deficit comes from a projected $41.2 billion revenue decline over the next 14 months

Q3: Does California actually owe $54 billion
A3: No, because The debt is a projection based on current events for the next 14 months
user
justification: From the 3rd QA it is evident that the number is just  projection. Therefore the claim is refuted 

verdict: 'Refuted'
assistant