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University of Wisconsin–Madison
Poverty-related issues in the news, from the Institute for Research on Poverty

State Unemployment Fund – Ohio

State debt for jobless benefits looming, By Catherine Candisky, December 19, 2010, Columbus Dispatch: “Although the battle over extending unemployment benefits has been solved in Washington, Ohio still has no way to repay the $2.3 billion borrowed from a federal loan fund to continue the jobless benefits through the recession. Without a reprieve from Congress, that bill comes due next year, at the same time state leaders will be grappling to close a projected $8 billion shortfall in the two-year state budget that begins in July. Given the budget crisis in Ohio and other states, many are hoping the due date for repayments will be extended again or the loan wiped out altogether…”