Good story at hartfordbusiness.com about the state's unemployment fund going belly up. It needs to borrow $1 billion to pay claims for the next two years. The story is here.
Copyright 2009. All rights reserved.
Contact Steve Collins at scollins@bristolpress.com
4 comments:
So the State Borrows 900 million to close last years Budget, 2 billion to help shore up the state pension fund 2 years ago, and now must borrow another billion to pay unemployment benefits. When does it stop??
The entire problem here is caused by the fact that fiscal conservatives have almost no power in our state government what-so-ever. The reason for this is that the electorate genarally hasn't given them any. So it's the fault of the voters.
Actually, the real problem here is people are unemployed.
Sign the new health bill and watch more unemployment in this state. go dems go.
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