The independent Legislative Analyst’s Office projected the state’s budget deficit at approximately $73 billion dollars. However, there is another budget deficit that the CRA continues to push lawmakers to address. The state’s Unemployment Insurance (UI) Fund is now $20 billion dollars in debt. The required repayment of the debt has resulted in automatic tax increases on employers, and now Senate Bill 1116 would only add to those employer costs. Sabrina tells us more in this week’s News You Need to Know.