July 11, 2025
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Tag: Cato Institute policy analyst Marc Joffe

Will the EDD Debt Damage California’s Credit Rating?

August 28, 2023   5:44 pmAugust 28, 2023   5:44 pm
Typically, when a person or a business adds a massive amount of debt due to its own incompetence, credit ratings are impacted. And not in a good way. The California Employment Development Department did just that during the pandemic, losing...
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