Calif. borrowing $40 million/day for unemployment benefits

Unemployed people search for jobs in an employment office in the southern California town of El Centro. (PHOTO CREDIT: GETTY IMAGES) FROM CNN's Jack Cafferty: California is borrowing $40 million a day from the federal government to pay unemployment benefits. That means California is borrowing $40 million a day from you and me to pay … Continue reading Calif. borrowing $40 million/day for unemployment benefits