(The Center Square) - California just filed its 2021-2022 audited financial statement, 350 days past the filing deadline. In its filing, the state admits that COVID-era unemployment fraud cost the state $29 billion that must be paid back to the federal government, and that in 2022, the state had $256 billion more in liabilities than […]
The post California audit finds state is broke: $55 billion more owed than available appeared first on The Black Chronicle.