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is dedicated to the acceptance, medical
treatment, and legal
protection of individuals correcting the misalignment
of their brains and their anatomical sex, while supporting their transition
into society as hormonally reconstituted and surgically corrected citizens.
Unemployment Trust Fund Nears Loan Due Date (Infographic) Print E-mail
Nation - Workplace
Carla Uriona and Mary Mahling (Stateline)   
Saturday, 03 September 2011 03:00
Payback Time.Washington, DC, USA. Starting September 30, states that borrowed money from the federal government to pay benefits to unemployed workers will have to begin paying interest on those loans.

Later this month, states will have to make the first interest payment on the money they borrowed from the federal government to keep sending unemployment checks to workers who’ve lost their jobs.


Some 28 states have outstanding loans with the federal government. According to a May estimate by Federal Funds Information for States, the total interest due by September 30 is $1.3 billion. The federal stimulus package had provided interest-free loans to states, but that grace period has expired.

Earlier this year, President Obama asked Congress to waive those interest payments for another two years, but the idea went nowhere. The proposal could resurface when Congress returns this month and takes up the president’s jobs package.


Unemployment Trust Fund: Payback Time (Infographic).

SourceThis article is adapted and extended from Infographic: A due date nears on unemployment trust fund loans by Carla Uriona and Mary Mahling, published concurrently on the Stateline.org website.

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TS-Si is dedicated to the acceptance, medical treatment, and legal protection of individuals correcting the misalignment of their brains and their anatomical sex, while supporting their transition into society as hormonally reconstituted and surgically corrected citizens.


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Last Updated on Friday, 02 September 2011 19:25