The report calls for running a "responsible" program that "protects benefits for the unemployed while responsibly administering a solvent program without unnecessary spending of vital employer tax dollars."The unemployment insurance reserve fund was hard hit by the recession and began 2012 with a $1.2 billion deficit. The state had to limit benefits for those out of work and borrow money from the federal government to continue paying benefits. Employers have been paying a special payroll tax to cover the interest on the loan since 2011. The report says that charge is expected to remain in place through next year.
Changes Target Unemployment Insurance In Wis.
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