‘The Entire Program Is Insolvent’
California Rep. Carl DeMaio (R-San Diego) said that California Medicaid program Medi-Cal has not only been insufficient in cash since Gov. Gavin Newsom (d) expanded to include illegal aliens, but is completely bankrupt. As Breitbart News reported last week, Newsom's government was forced to borrow $3.444 billion to maintain the program, just a year after […]
‘Insolvent And Foolish’: Biden-Harris Admin Gives Millions To High-Speed Rail Project That Has Been Stalled For Years
The Biden administration has awarded Amtrak more than $60 million for a high-speed rail project in Texas that has stalled after failing to attract private investment, according to grant records. Federal Railroad Administration (FRA) Granted On August 2, Amtrak was awarded $63.9 million for the Texas High-Speed Rail Corridor project, which has been under the […]
California unemployment fund ‘insolvent’ due to $55B fraud, businesses to pay
(The Center Square) – California’s unemployment insurance fund is “structurally insolvent” due to $55 billion in fraud and overpayment during COVID-19 crisis, leading to a growing $21 billion unemployment benefits loan from the federal government the state is unable to pay down. While the state seeks loan forgiveness from the Acting United States Secretary of Labor, who […]