Thursday, January 22, 2009

Suspending Funds Owed

Reporting from Sacramento -- The state will suspend tax refunds, welfare checks, student grants and other payments owed to Californians starting Feb. 1, Controller John Chiang announced Friday.

Chiang said he had no choice but to stop making some $3.7 billion in payments in the absence of action by the governor and lawmakers to close the state's nearly $42-billion budget deficit. More than half of those payments are tax refunds.

The payments to be frozen include nearly $2 billion in tax refunds; $300 million in cash grants for needy families and the elderly, blind and disabled; and $13 million in grants for college students.

Full Article and Source:
California controller to suspend tax refunds, welfare checks, student grants

3 comments:

Anonymous said...

They should suspend all payment to the legislooters, too!

LD, son of Vern said...

Its always those whom cannot defend in this corporate society that get the hit. Legislooters, lawyers & other "fiduciaries" still sip lattes & pluck the golden goose.

Anonymous said...

Tax refunds can wait. The rest can't.

Yes, the vulnerable get the hit. And those in power see that they do.