Newsom vetoes bill to provide unemployment benefits to striking workers, citing $20B unemployment insurance debt
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California governor Gavin Newsom vetoed a bill that would have provided unemployment benefits to striking workers.
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The bill was inspired by strikes in Hollywood and the hotel industry.
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Newsom said the state's unemployment insurance fund is nearly $20 billion in debt.
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The fund ran out of money during the pandemic when unemployment spiked.
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Newsom said now is not the time to increase costs or debt for the unemployment insurance fund.