According to latimes “In his veto message, Newsom said expanding benefits would make the state’s unemployment trust fund “vulnerable to insolvency.” California’s unemployment fund already is projected to be nearly $20 billion in debt”
From what I read that’s largely due to the pandemic and fraud. Business closures and layoffs meant a record number of applications. Since the state couldn’t pay for all of it it had to borrow from the federal government.
Can’t say I blame him for not wanting to add to that debt but at the same time would unemployment benefits for, let’s say a month, really have of added that much to that debt? I haven’t run the math and I definitely can’t tell how many would be eligible but it really does seem like it would be a drop in the bucket
It’s to strengthen the unions’ hand and prevent businesses from trying something knowing that there is unemployment benefits for strikers
I am worried that Hollywood may try to pull something now or back off the deal
Crickets from the vote blue no matter who crowd…