California’s BALLOONING insurance debt: Employers stuck with bill as state fails to repay

A House Republican is moving to rein in California's ballooning unemployment insurance debt, arguing employers are being stuck with the bill as the state fails to repay what it owes. Rep. Vince Fong, R-Calif., will soon introduce legislation that would require California to pay its outstanding $21 billion loan to the federal government before spending federal money on other programs.

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