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Re: Californica . . . 

By: Fiz in 6TH POPE | Recommend this post (1)
Tue, 09 May 23 6:24 AM | 23 view(s)
Boardmark this board | 6th Edition Pope Board 		Msg. 42371 of 58543
(This msg. is a reply to 42351 by Zimbler0)
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Thanks for the bad news, Zim!

http://www.zerohedge.com/political/california-defaults-186-billion-debt-saddling-employers-expense

"The state should have taken care of the loans with the COVID money it received from the government in 2021," said Marc Joffe, policy analyst at the Cato Institute—a public policy think tank headquartered in Washington, D.C., in a statement to the Epoch Times.

In the state's proposed 2023-2024 budget, $750 million was allocated to start paying down the loans, until Governor Gavin Newsom nixed the provision in early January, leaving businesses in the state responsible for the loans, as mandated by federal regulations - so that the federal unemployment tax rate of .6 percent will increase by .3% per year starting in 2023 until the loan is extinguished.

"California is just not really an employer-friendly state," said Joffe.




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The above is a reply to the following message:
Californica . . .
By: Zimbler0 in 6TH POPE
Mon, 08 May 23 5:21 AM 		Msg. 42351 of 58543

From De's "News of the day"

>>>
Zero Hedge
• California Defaults On $18.6 Billion In Debt, Saddling Employers With The Expense
• Will Biden's Plan To Tax Crypto Mining Reduce Emissions? Critics Say No
• Desperate Dems Float 14th Amendment As Debt Ceiling Override
• China Wants Killer Robots To Fight The Next War
• California Approves Reparations Recommendations, Proposing $1.2 Million Checks For Black Residents
>>>

Californica Defaults on $18.6 Billion in debt . . .

And they approved 'Reparations for Slavery' . . . Where they gonna get the money?

Zim.

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