California leads in debt among all 50 states: Report

A new Reason Foundation report pegs California as the state with the nation’s highest debt. The report found that the ...

Report: State and local governments' debt topped $6.1 trillion in 2023

State and local government debt surpassed $6. 1 trillion in 2023, according to an analysis by Reason Foundation.

Walters: California businesses bear brunt of growing unemployment benefit debt

Financing unemployment insurance benefits with federal loans and taxes on employers cannot continue indefinitely.

'We are too broke to go bankrupt': Isleton weigh Chapter 9 bankruptcy, disincorporation as $4.6M debt looms

Two major options were outlined to the council and public.
The Bond Buyer

California faces structural deficit as 'wall of debt' returns to Sacramento

California's recent tax revenues exceeded forecasts, but the state faces structural deficits that drive budgetary borrowing ...

Gov. Newsom signs bill banning ‘stay-or-pay’ contracts for California workers

Gov. Gavin Newsom recently signed several bills into law that will impact California workers, including one that prevents ...
Palo Alto Weekly

California businesses bear brunt of growing unemployment benefit debt

This story was originally published by CalMatters. Sign up for their newsletters. Companies owned by President Donald Trump have declared bankruptcy six times, a reminder that a corporation that ...
San Diego Union-Tribune

California businesses bear brunt of growing unemployment benefit debt

Companies owned by President Donald Trump have declared bankruptcy six times, a reminder that a corporation that defaults on repaying money it has borrowed is often forced into bankruptcy court.