Jobless benefits bill: 1-week waiting period, higher taxes, By Jonathan Starkey, June 2, 2013, News Journal: “Delaware racked up more than $70 million in debt sending out unemployment checks during the recession. Now the bill is coming due, and proposed legislation would pay down the debt by raising taxes on businesses and forcing jobless Delawareans to wait a week before collecting state benefits. Gov. Jack Markell is backing the proposed changes, which administration officials say would stave off even higher federal taxes in coming years. The proposal is working its way in the Legislature. Delaware, which is not the only state needing to tackle the problem, began borrowing from the federal government in March 2010 to pay for unemployment benefits, with the bill reaching as high as $78.5 million. The state-administered unemployment trust fund currently owes about $71.5 million…”
Poverty-related issues in the news, from the Institute for Research on Poverty