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  2. California in a jam after borrowing billions to pay ... - AOL

    www.aol.com/news/california-jam-borrowing...

    Currently California employers pay a federal unemployment insurance tax of 1.2% on the first $7,000 of wages per employee, but that will rise incrementally every year so long as California is in ...

  3. 2008–2012 California budget crisis - Wikipedia

    en.wikipedia.org/wiki/2008–2012_California...

    News reports and commentators have cited the state's various legislative supermajority requirements as a contributing factor to the state budget crisis. [23] [24] The state has a long history of supermajority requirements with a 1933 state ballot measure mandating a two-thirds supermajority to pass the state budget and California Proposition 13 (1978) mandating another two-thirds supermajority ...

  4. What is debt forgiveness? - AOL

    www.aol.com/finance/debt-forgiveness-202301471.html

    There are several circumstances in which debt forgiveness can occur, such as government initiatives, financial hardship or debt relief programs. Lenders apply debt forgiveness in several ways ...

  5. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/wiki/Public_Service_Loan...

    The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]

  6. California State Relief Administration - Wikipedia

    en.wikipedia.org/wiki/California_State_Relief...

    The California State Relief Administration (SRA), created in 1935, was the successor to the State Emergency Relief Administration (SERA), created in 1933. The agencies were responsible for distributing state and federal funds to improve conditions in California during the Great Depression, and administered unemployment relief. [1]

  7. President Biden erases student debt for 55,000 public service ...

    www.aol.com/president-biden-erases-student-debt...

    The PSLF program provides relief for teachers, nurses, law enforcement and other public service workers after 10 years in government or nonprofit jobs. ... law enforcement and other public service ...

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