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State plans to reduce $1.8 billion federal unemployment debt by $450 million

September 27, 2022

By JERRY NOWICKI Capitol News Illinois jnowicki@capitolnewsillinois.com SPRINGFIELD – Gov. J.B. Pritzker announced a plan Tuesday to reduce a $1.8 billion Unemployment Insurance Trust Fund deficit by $450 million through an infusion of unemployment-related revenues. The trust fund is the pool of money paid into by employers to provide a social safety net for unemployed […]

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