Unemployment Trust Fund (UTF) : State Insolvency and Federal Loans to States

Author / Creator

Library of Congress. Congressional Research Service

Available as

Online

Summary

Provides background on unemployment compensation (UC), the Unemployment Trust Fund (UTF), unemployment taxes, and adequate UTF balances. Summarizes how insolvent States may borrow funds from the Fe...

Provides background on unemployment compensation (UC), the Unemployment Trust Fund (UTF), unemployment taxes, and adequate UTF balances. Summarizes how insolvent States may borrow funds from the Federal account within UTF in order to meet their UC benefit obligations.

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