HARRISBURG PA — Employers of all sizes across western Montgomery County and elsewhere in Pennsylvania can expect to see their unemployment taxes continue to climb for years to come, acting Secretary of Labor and Industry Patrick Beaty told the state told the Senate Appropriations Committee earlier this week, according to The Pennsylvania Independent online news service.
The state, under former Gov. Ed Rendell, borrowed $3 billion from the federal government to remain solvent during the continuing recession. Now it’s time to pay the money back. Beaty told committee members on Monday (March 28, 2011) the borrowing will continue, but the interest and principal payments began in January.
- Read a story by reporter Jim Panyard, titled “Employer taxes climbing to pay back PA’s unemployment debt” and published Wednesday (March 30) by The Independent, here.
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