Jay Obernolte tweeted the following:
“Notably, better fraud enforcement by the Employment Development Department (EDD) alone could make up the difference, given that a recent report found $32 billion paid out by the EDD was fraudulent.”
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Here are other recent tweets from Jay Obernolte:
“During the COVID-19 Pandemic, the State of California mandated its businesses to be closed substantially longer than other states across the country. Asking those same businesses to now repay the state’s federal debt in a year where it had a historic surplus is simply baffling.”
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Read on Twitter
“While federal unemployment insurance loans were essential to helping Californians weather the pandemic, it is imperative that the state now repay its loans, as failing to do so risks the financial stability of millions of California employers.”
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Read on Twitter
“California business owners have been notified that they will have to pay additional taxes this year – and indefinitely – until our state has repaid its outstanding $18.5 billion federal unemployment insurance loan debt. The state had a historic $97.5 BILLION surplus in 2022.”
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Read on Twitter
