I don't think I'm seeing this being talked about or reported... Looks like we're all bailing out California's debt. I'm sure everybody in California is all like, "Oh hey! Thanks, everybody!" while we all wonder why inflation is getting worse.
"Labor Sec. Julie Su Forgives $32.6 Billion in EDD Debt"
https://californiaglobe.com/fl/labor-sec-julie-su-forgives-32-6-billion-in-edd-debt/