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VOL. 126 | NO. 27 | Wednesday, February 09, 2011

AP Source: Obama Wants Jobless Aid Help for States

JIM KUHNHENN | Associated Press

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WASHINGTON (AP) – The White House says a proposal that gives states an opportunity to collect more unemployment insurance taxes from businesses in 2014 will force states to "rationalize" what jobless assistance they offer and how they pay for it.

White House spokesman Robert Gibbs says the economic downturn has placed heavy pressure on states, many of which have had to deplete their unemployment insurance trust funds. The administration is recommending that, starting in 2014, the taxable income levels used to tax businesses for the jobless assistance would increase from $7,000 to $15,000.

The plan would also impose a moratorium on state unemployment insurance tax increases through 2012. Gibbs said states shouldn't be increasing taxes as the recovery remains fragile. He rejected suggestions that the plan amounted to a bailout of states.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 65 366 17,721
MORTGAGES 70 417 23,068
FORECLOSURE NOTICES 15 91 4,519
BUILDING PERMITS 210 932 42,157
BANKRUPTCIES 62 299 16,691
BUSINESS LICENSES 19 80 5,781
UTILITY CONNECTIONS 49 305 25,174
MARRIAGE LICENSES 16 96 5,381

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