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To: SeekAndFind

Original Article references here:

http://www.nytimes.com/2013/05/26/us/californias-new-problem-too-much-money.html?pagewanted=all

TITLE: California Faces a New Quandary, Too Much Money


2 posted on 05/27/2013 7:47:28 AM PDT by SeekAndFind
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To: SeekAndFind

I guess they could pay back the $10 billion California borrowed from the federal government to keep unemployment insurance flowing to jobless workers after the Unemployment Insurance Fund ran out of money a couple of years ago.

Or they could start paying down the $550 billion to $800 billion in unfunded public employee pension obligations.


9 posted on 05/27/2013 7:55:41 AM PDT by artichokegrower
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