News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

NOCHE

Knight Foundation


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Ohio whittles away at unemployment debt while employers pay more
Dave Hall has introduced a bill to apply projected Medicaid savings to the unemployment debt.
by WKSU's STATEHOUSE BUREAU CHIEF KAREN KASLER


Reporter
Karen Kasler
 
Hall wants to apply Medicaid savings so employers aren't hit with big unemployment insurance increases.
Courtesy of State of Ohio
Download (WKSU Only)
In The Region:

Ohio employers are paying more this year in federal unemployment taxes because the state still hasn’t paid back the money it borrowed to pay jobless benefits during the recession.

For the third time, the federal government has cut back the credit it gives Ohio employers for paying the unemployment tax because the state still has owes the feds more than $1.5 billion. Ben Johnson at the state Department of Job and Family Services says the state is concerned because employers are paying more in taxes.

LISTEN: Johnson on unemployment debt

Other options:
Windows Media / MP3 Download (0:19)


“We of course need to make fund that there is money in the trust fund to continue to pay unemployment compensation claims as they come in So it’s a process of actively managing the debt and taking whatever steps we can take each year to pay off as much principal as possible.”

The cost for the cut in the tax credit comes out to $63 a year per employee, and Johnson says the credit will keep being cut until the debt is paid.

LISTEN: Johnson on impact on employers
Other options:
Windows Media / MP3 Download
(0:20)



Ohio was one of 15 states that borrowed money to pay jobless benefits when its unemployment funds ran out during the recession.

Ohio State Rep. David Hall has introduced a bill to apply a projected $400 million in Medicaid savings to the principal, but other Republicans have talked about tax cuts, and Democrats are pushing more money for schools and local governments. 

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

Ohio politicians rally against Planned Parenthood
The baby cries out....I am a person too! ... at least do not sell my heart. In an abortion there are three parties involved...the mother, the father and the ch...

Ohio lawmakers propose grants for home construction for disabled people
We have been trying to have a "Visitability Bill" passed for years. Thanks, Greg

Lake County crimes may give Trump immigration fodder
Shoddy reporting at best. "Mixed views" The question that came to my mind was, "How many people did he have to interview to get "mixed views". Do the two peo...

Ohio's U.S. Sen. Sherrod Brown announces plans to improve Medicare by lowering prescription costs for seniors
Sounds good. I'm living in Florida to escape the snow. So far it's working. I retired from GM in 2000. Keep pushing for all the working people. In the long run ...

The tiny town that time, and elections, forgot may go out of existence
Thank you for this story. I grew up in Limaville, my parents home is there still...unsellable due to the septic/sewer problem. Sometimes I am sorry I left...wis...

Where Ohio'sJohn Kasich stands in the presidential polls
We are fans of Gov. Kasich since he served in the House of Representatives. It pleases us to finally see him as the potential President of the United States. We...

Cleveland hosts the first national Movement for Black Lives conference
What a wonderful experience this was, So much love and understanding, without all of the other distractions that tend to come with organizing for change, this e...

Air Force unit gets training and Youngstown gets rid of some eyesores
Do they have to totally destroy all the beautiful oak and leaded windows, which I am thinking are probably there? Do they just have to destroy them like that? C...

Jewish challah and Native American fry bread at an Akron cultural exchange
Each time I saw the young students relate to each other, I got goose bumps. These young students can and hopefully will teach all of us to live and respect eac...

One of the Cleveland Orchestra's most celebrated musicians bids farewell
I had the honor of studying with Franklin Cohen in the late 80s and early 90s. He is unparalleled both as a clarinetist and as a musician. His deep personal war...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University