× Follow us on Telegram! Telegram is where we really talk. Don't miss out!
Republican Fighter
  • Home
  • News
  • About Us
  • Privacy Policy
    • Privacy Policy
    • Disclaimer
    • DMCA Policy
    • Terms and Conditions
No Result
View All Result
  • Home
  • News
  • About Us
  • Privacy Policy
    • Privacy Policy
    • Disclaimer
    • DMCA Policy
    • Terms and Conditions
No Result
View All Result
Republican Fighter
No Result
View All Result

California Defaults on $18.6 Billion Debt, Now Businesses Have to Pay

May 6, 2023
Reading Time: 1 min read
A A
California Defaults on $18.6 Billion Debt, Now Businesses Have to Pay

Share this post on social media:

  • Facebook
  • X (Twitter)
  • GETTR
  • Telegram
  • Truth Social
  • Gab

California borrowed approximately $20 billion from the federal government to cover unemployment benefits during the pandemic, and with Gov. Gavin Newsom’s recent decision to not pay it back, employers are now saddled with the expense, according to experts.

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

In the proposed 2023–2024 budget, $750 million was allocated to start paying down the loans, but Newsom made changes to the plan in January and withdrew the funding.

This is an excerpt only. Read the full story here.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.


Discover more from Republican Fighter

Subscribe to get the latest posts sent to your email.

Share this post on social media:

  • Facebook
  • X (Twitter)
  • GETTR
  • Telegram
  • Truth Social
  • Gab

Related Posts

Kari Lake Exposes Reasons for Being Excluded from the 2024 Ballot
News

Federal Judge Blocks Kari Lake from Removing VOA President, Keeps Him on Six-Figure Salary

August 31, 2025
Exclusive: Senator J.D. Vance Calls for China to Settle Debts with Americans and Cease Currency Manipulation
News

JD Vance Slams Politico for ‘Journalistic Malpractice’: ‘It’s a Foreign Influence Operation’

August 30, 2025
AOC Faces Criticism for Characterizing NYC as Unaffordable for Working-Class Residents
News

Lipstick, Meet Pig: AOC Celebrates New Trash Cans on Queens’ Infamous “Market of Sweethearts”

August 30, 2025
Mad Maxine Waters Calls for Trump’s Removal Using the 25th Amendment – Stayed Silent on Biden’s Decline for Four Years
News

Mad Maxine Waters Calls for Trump’s Removal Using the 25th Amendment – Stayed Silent on Biden’s Decline for Four Years

August 30, 2025
Federal Report on Mysterious 2019 Death of Sex Trafficker Jeffrey Epstein Connected to Prominent Figures Across the Globe
News

Epstein Estate to Hand Over ‘Birthday Book’ to Lawmakers, House Democrat Says

August 30, 2025
News

Rep. Luna Pushes Resolution to Advance the End Congressional Stock Trading Act

August 30, 2025
Next Post
School Board Settles Religious Discrimination Suit Against Christian University After Blasting ‘Jesus’ Values

School Board Settles Religious Discrimination Suit Against Christian University After Blasting ‘Jesus’ Values

Former United Airlines CEO Sounds Alarm on US Air Traffic Control Systems: ‘Most Outdated’ in Entire World

Former United Airlines CEO Sounds Alarm on US Air Traffic Control Systems: ‘Most Outdated’ in Entire World

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Recent Posts

  • Federal Judge Blocks Kari Lake from Removing VOA President, Keeps Him on Six-Figure Salary
  • JD Vance Slams Politico for ‘Journalistic Malpractice’: ‘It’s a Foreign Influence Operation’
  • Lipstick, Meet Pig: AOC Celebrates New Trash Cans on Queens’ Infamous “Market of Sweethearts”
  • Mad Maxine Waters Calls for Trump’s Removal Using the 25th Amendment – Stayed Silent on Biden’s Decline for Four Years
  • Epstein Estate to Hand Over ‘Birthday Book’ to Lawmakers, House Democrat Says

  • About Us
  • Disclaimer
  • DMCA Policy
  • Home
  • Privacy Policy
  • Terms and Conditions

© 2025 Republican Fighter. We are not responsible for the content of external sites.

No Result
View All Result
  • Home
  • News
  • About Us
  • Privacy Policy
    • Disclaimer
    • DMCA Policy
    • Terms and Conditions

© 2025 Republican Fighter. We are not responsible for the content of external sites.