Relevant:
- California prepares to stop paying bills
- California to Delay $4 Billion in Payments
- Lapsed Student Loan Payments May Cost You a Tax Refund
- White House Seeks $850 Billion Stimulus and Pivots to Sending Checks to Americans Within 2 Week
- The looming student loan bubble -- Almost half of all student borrowers were not making payments.
2009-01-17 — calculatedriskblog.com
Things get worse for Californians: the state won't be sending any "tax refunds, welfare checks, student grants" among other payments totaling over $2 billion after Feb. 1.
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