¶ The messy fight over Minnesota’s Unemployment Insurance Trust Fund, explained

html link

¶ BibTeX

@misc{minnpost2022messy, 
  title={The messy fight over Minnesota’s Unemployment Insurance Trust Fund, explained}, 
  url={https://www.minnpost.com/state-government/2022/03/the-messy-fight-over-minnesotas-unemployment-insurance-trust-fund-explained/}, 
  journal={MinnPost}, 
  author={Callaghan, Peter}, 
  year={2022}, 
  month={Mar}
} 

¶ Notes

• Pre-covid MN UI had 1.7 billion in reserves.
• Depleted during COVID. Had to borrow more than a billion from US treasury.
• Only foot the bill for the standard UI payments. Fed covered the 600 dollar bonus, plus the checks for gig and contract workers.
• Typically employers pay taxes to build up trust fund. Walz wanted to use state surplus to pay it off.

+some stuff about state politics