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Interest-free loans to government workers on your dime

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It appears that state agencies loaned government employees millions of dollars without getting repaid, according to the state controller’s office.

Millions in interest-free salary and travel advances have been made to state employees without collecting repayment, according to audits from the controller.

Gov. Jerry Brown Tuesday ordered a halt to the practice, while he and Controller John Chiang try to figure out  how widespread it’s been, and how much money the state is owed from employees.

“This situation reinforces the worst stereotype of ineffective and inefficient government,” Brown said in a statement.

There are reasons stereotypes are stereotypes.

Brown also is looking at the California Department of Corrections and Rehabilitation, “where they expect to find millions more in unpaid state loans to public employees,” the Times reported.

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Interest-free loans to government workers on your dime is a post from: Orange Punch


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