Deadbeat Newsom passes loan cost off to California businesses
We may never run out of signs that Gov. Gavin Newsom (D-CA) is an utterly incompetent executive who belongs nowhere near power. The latest is that he has not repaid a federal pandemic unemployment loan, effectively creating a new California tax on jobs.
During the 2020 pandemic, the Trump administration provided loans to states to help address unemployment as businesses were shut down. California received a loan of $20 billion and, more than five years later, has not paid it back. In fact, California is one of only two states that have not repaid their loans. And California failed to do this despite the Biden administration giving all states the ability to repay loans with federal stimulus money.
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Toi Staff
Sabine Sterk
Penny S. Tee
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Grant Arthur Gochin
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