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Gov. Mike DeWine proposes using stimulus money to repay Ohio’s unemployment loans: Capitol Letter
Rotunda Rumblings
Payback time: Gov. Mike DeWine wants Ohio to use $1.5 billion of the $5 billion-plus it’s getting from the federal coronavirus relief bill to balance the state’s unemployment compensation fund. As Andrew Tobias writes, the move would avert planned premium hikes on employers to pay back the money the state borrowed from the feds to pay out jobless claims, and avoid what happened following the Great Recession, when the state spent eight years paying off a similar loan. DeWine said Thursday he’s discussed the idea with state legislative leaders, and they were supportive. ....

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