State is taking on huge debts to pay jobless workers as its deficit gets bigger
Thursday, April 18th 2024, 9:11:18 pm
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Will Kessler Daily Caller News Foundation California is billions of dollars in debt to the federal government to pay for its unemployment insurance trust at a time when the state’s expenses far exceed its income. The state’s government owes almost $21 billion to the federal government at an interest rate of around 2.6%, according to…
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