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Strategies & Market Trends : YellowLegalPad

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From: John McCarthy4/10/2010 9:51:49 PM
   of 1182
 
The current crisis should compel policy makers to forge a new path to forward financing of the unemployment insurance program," Stettner said. "As the broke funds of 33 states makes clear, unemployment insurance reserves need to be stocked up before recessions hit so that states are prepared."

States out of $$$ for the jobless

Here's how much they’ve borrowed from the federal government.
State Borrowed



California ................... $8.40 billion
.
Michigan .................... $3.78 billion
New York .................... $3.00 billion
.
Pennsylvania ................ $2.81 billion
Ohio ........................ $2.23 billion
North Carolina .............. $2.14 billion
Illinois .................... $2.06 billion
Texas ...................... $2.03 billion
.
Indiana .................... $1.81 billion
New Jersey ................. $1.55 billion
Florida .................... $1.50 billion
Wisconsin .................. $1.34 billion
.
South Carolina .....$851 million
Kentucky .......... $760 million
Missouri .......... $687 million
Minnesota ......... $638 million
.
Connecticut ........$422 million
Georgia ........... $337 million
Nevada ............ $331 million
Arkansas .......... $318 million
Virginia .......... $317 million
.
Massachusetts ......$279 million
Alabama ........... $268 million
Rhode Island .......$204 million
.
Colorado .......... $186 million
Idaho ............. $181 million
Maryland .......... $104 million
.
Kansas ............ $65 million
New Hampshire ..... $23 million
South Dakota ...... $23 million
Vermont ........... $23 million
Arizona ........... $22 million
Virgin Islands .... $13 million
Delaware



money.cnn.com

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