Testimony Unemployment Insurance Performance and Trust Fund Restoration
Wayne Vroman
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State-financed unemployment insurance (UI) programs owe the U.S. Treasury and the private securities market more than $46 billion. In testimony before a U.S. House Ways and Means subcommittee, Wayne Vroman discusses the causes of this debt, UI benefit payments since the onset of the Great Recession, and how a financing crisis can be avoided in the next recession.
Research Areas Taxes and budgets
Tags State and local tax issues Unemployment and unemployment insurance
Policy Centers Center on Labor, Human Services, and Population