Illinois unemployment trust fund facing $5B deficit with few solutions – WICS (Springfield)
One solution is to use American Rescue Plan Act (ARPA) dollars to pay down the debt, something lawmakers chose not to do in this year’s budget. Some lawmakers are hoping for help from the federal government. “The only other solutions are that you have to increase taxes on employers, you have to cut benefits for unemployed workers or both,” said Rob Karr of the Illinois Retail Merchants Association.
Wirepoints President Ted Dabrowski joins Dan Proft and Amy Jacobson on Chicago’s Morning Answer to talk all things Illinois. They discuss the pay raises for CPD, the $5 billion hole in Illinois’ unemployment trust fund and Lightfoot on a possible new mask mandate.