California stiffs feds on $20B loan — taxpayers pick up the tab

New York Post
By Annie Gaus, Josh KoehnDec 23, 2025, 1:05 am68 pts
Deadbeat California lawmakers still haven’t paid off a $20 billion federal loan for unemployment claims during the pandemic — and struggling businesses are picking up the ballooning tab instead. Employers are on the hook for an extra $42 in payroll taxes per employee next year to pay down the massive debt,…

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