"Did you know that since Jan. 11 the Legislature has been in emergency session to deal with an $8.9 billion shortfall in the current 2009-10 budget? Would you be surprised to learn it’s gotten nowhere? I didn’t think so. Not that there hasn’t been plenty of other action on the meltdown front.
Weds., Jan. 20: Sacramento Bee columnist Dan Walters reports that ProPublica, a public-interest journalism fund, reports that California’s unemployment-insurance fund has gone deeper into debt than any other state’s. It’s borrowed more than $6 billion from the federal government, more than three times as much as New York, the second-biggest borrower of UI funds."
Weds., Jan. 20: Sacramento Bee columnist Dan Walters reports that ProPublica, a public-interest journalism fund, reports that California’s unemployment-insurance fund has gone deeper into debt than any other state’s. It’s borrowed more than $6 billion from the federal government, more than three times as much as New York, the second-biggest borrower of UI funds."