Unemployment Insurance Fund
In his first State of the State address in 2005, Gov. Mitch Daniels announced, “Our state’s public finances are in ruins.” Unaware of the coming recession, he made four promises to citizens: To work to strengthen the economy, make government leaner and more efficient, modernize infrastructur…
INDIANAPOLIS | Indiana is steadily reducing its unemployment insurance debt, but Hoosier businesses will continue paying an increasing annual penalty through at least 2014 as punishment for the state's unemployment fund shortfall.
INDIANAPOLIS | An increase in Indiana's employer-paid unemployment insurance premiums has enabled the state to begin paying interest on its massive unemployment debt to the federal government.
INDIANAPOLIS | Hoosier businesses cannot create subsidiaries consisting essentially of the original company in order to reduce their unemployment insurance tax rate, the Indiana Supreme Court ruled Friday.
Despite all the strife that threatens to turn the current session of the Indiana General Assembly into a train wreck, some good already has been done. A solution to Indiana's bankrupt unemployment insurance fund has been approved.
Indiana Gov. Mitch Daniels discusses a bill signed into law Feb. 24 that will bring Indiana's unemployment insurance trust fund back into structural balance in two years.
Indiana Gov. Mitch Daniels laid out an aggressive agenda for change Tuesday and gave a rousing pep talk to the Indiana General Assembly. His impatience in his State of the State Address mirrors ours.
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