The Effect Of Deferring Interest On Unemployment Loans - 0 views
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Gene Kotulskiy on 17 Feb 11Actually, the new federal budget may help states manage their increasing debt as the interest on federal unemployment loans are aimed to be deferred till 2014, as states are expected to have money at that time for repaying the installment loans. In fact, the supporters of this plan consider that states will be able to address their own budgetary needs, if the interest on the unemployment loans will be deferred as they won't have to be concerned as for the interest payments directed to the federal government.