Another California crisis: Unemployment fund facing $7.4 billion deficit

[Stephen Frank]

The actual State budget deficit, today, including all the deficits and money owed THIS YEAR:

$36 BIILION

The State Unemployment Fund has a $7.4 billion deficit. How does the Governor and Democrats want to handle this mess?

"To head off those doomsday scenarios, Schwarzenegger and two lawmakers


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