$80 million per day!

California is currently paying out $80 million per day in unemployment benefits.

As of May 2009, the state has borrowed nearly $18 billion from the federal government to help fund these payments.

See the story from the Orange County Register:

http://economy.freedomblogging.com/2009/07/10/calif-paying-80-million-a-day-in-jobless-benefits/

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