Coming soon from the White House, yet another plan to bailout the states:
The Obama administration is proposing short-term relief to states saddled with unemployment insurance debt, coupled with a delayed increase in the income level used to tax employers for the aid to the jobless.
The administration plans to include the proposal in its budget plan next week. The plan was described by a person familiar with the discussions on the condition of anonymity because the budget plan is still being completed.
We don’t have any money left. Cut it out.