Connect with us

News

California Becomes First State To Borrow Federal Funds For Unemployment

Published

on

California has now become the first state in the country to borrow funds from the federal government in order to help cover the staggering number of unemployment claims that have surfaced due to shutdown efforts in the state to stop the spread of COVID-19.

Democratic Gov. Gavin Newsom has borrowed a loan of $348 million from the federal government Monday and has received approval to borrow up to $10 billion — yes, that’s “billion” with a “b” — to help payout unemployment through the month of July.

Here’s more from The Washington Examiner:

Trending: Fauci Thinks It Is ‘Inexplicable’ That Texas Is Re-Opening Businesses, Ending Mask Mandate

Loans to replenish unemployment insurance funds were also approved for Illinois and Connecticut, with Illinois approved for $12.6 billion and Connecticut for $1.1 billion. California, however, is the only state to have used the program thus far.

take our poll - story continues below

Would You Vote for Trump If He Runs In 2024?

  • Would You Vote for Trump If He Runs In 2024?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to Flag And Cross updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

California’s unemployment trust fund has been depleted quickly amid the COVID-19 crisis. The fund stood at $3.1 billion at the end of February but fell to $1.9 billion in mid-April. The program allows money borrowed by states to pay regular unemployment benefits. An additional $600 per week in additional unemployment benefits provided by the CARES Act for workers is funded separately.

Newsom said his state would start to loosen up on the stay-at-home order, allowing retail stores to start opening back up on Friday for pick-up services. As of now, more than 4 million California residents have been forced to file for unemployment due to the economic downturn caused by the lockdown.

This is a very scary time for our country. The coronavirus pandemic has caused much of the economy to stop producing. When we stop producing, the creation of profit, surplus capital, and the acquisition of tools needed to increase production — and thus items become more expensive — comes to a halt, which then prevents economic prosperity.

We’re watching this happen right before our very eyes.

Here’s to hoping we get some good news about this virus soon and can start reopening our nation quickly and safely.

*Headline

Fauci Thinks It Is ‘Inexplicable’ That Texas Is Re-Opening Businesses, Ending Mask Mandate

Go home, doc. The adults got it from here!

John Salvatore

Published

on

Have you wondered yet how the flu just happened to magically disappear? That’s not opinion. It is fact, apparently. In the words of Matthew McConaughey’s character from “Wolf of Wall Street,” the flu is fugazi (it’s a woozy, it’s a wazzy…fairy dust). If you still don’t believe that people are assigned covid, then you’re not paying attention. Here’s a quick example, for ya: This author knows a person who went to get tested, the place ended up taking too long so she had to leave early (without being tested) – she later received a notice that she tested positive. Funny how that worked out, huh? Check out Fauci ripping Texas Governor Greg Abbott (R) for daring to get his state back on track… https://twitter.com/thehill/status/1367510351827369985?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1367510351827369985%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2021%2F03%2Ffauci-rips-texas-governor-reopening-businesses-ending-mask-mandate-video%2F From Fox News: Texas’s Republican Gov. Greg Abbott on Tuesday said he planned to open the state next week “100%,” roughly a year after the coronavirus pandemic broke out throughout the U.S. Abbott issued an executive order that rescinds many of the state’s previous orders, allowing all businesses in the state to fully reopen and revoking the statewide mask mandate as of next Wednesday. And in Mississippi… https://twitter.com/tatereeves/status/1366849019935412228?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1366849019935412228%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ftherightscoop.com%2Fbreaking-mississippi-also-stopping-mask-mandate-and-reopening-all-businesses-without-restriction%2F In honor of the upcoming baseball season, let us never forget the worst first pitch in…well…maybe ever! WATCH: https://twitter.com/bennyjohnson/status/1286441829643235328?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1286441829643235328%7Ctwgr%5E&ref_url=https%3A%2F%2Fwww.dailywire.com%2Fnews%2Fhouse-votes-to-remove-confederate-statues-justice-roger-b-taney-from-capitol

Continue Reading

News

Leaked Docs Show Migrants are Overwhelming Border Agents Thanks to Joe’s Policies

This is what 80 million people voted for!??

John Salvatore

Published

on

If you voted for a pro-choice, anti-American, beta male, weak-on-the-border presidential candidate last November, who hurt you as a child? Who taught you so poorly in your youth? Shame shame. From Axios: Fresh internal documents from the Department of Health and Human Services show how quickly the number of child migrants crossing the border is overwhelming the administration’s stretched resources. Driving the news: In the week ending March 1, the Border Patrol referred to HHS custody an average of 321 children per day, according to documents obtained by Axios. That’s up from a weekly average of 203 in late January and early February — and just 47 per day during the first week of January. The same documents, dated Tuesday, say the shelter system is at 94% occupancy and expected to reach its maximum this month. LOOK: H/T: Right Scoop

Continue Reading

Latest Articles

Best of the Week