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Gov. Mike DeWine proposes using stimulus money to repay Ohio's unemployment loans: Capitol Letter - Vimarsana News

Gov. Mike DeWine proposes using stimulus money to repay Ohio's unemployment loans: Capitol Letter

Gov. Mike DeWine proposes using stimulus money to repay Ohio’s unemployment loans: Capitol Letter Rotunda Rumblings Payback time: Gov. Mike DeWine wants Ohio to use $1.5 billion of the $5 billion-plus it’s getting from the federal coronavirus relief bill to balance the state’s unemployment compensation fund. As Andrew Tobias writes, the move would avert planned premium hikes on employers to pay back the money the state borrowed from the feds to pay out jobless claims, and avoid what happened following the Great Recession, when the state spent eight years paying off a similar loan. DeWin...

Source: msn.com