unemployment benefits

The state made an early payment to the U.S. Treasury on a loan used to cover unemployment benefits. It was the state’s final payment and the feds got it six months early.

Since March of 2009, Rhode Island borrowed nearly a billion dollars to cover unemployment benefits. The state made its final payment on that lump sum six months early, saving businesses more than $50 million next year. It will save local businesses said department of Labor and Training director Charles Fogarty.

Ian Donnis / RIPR

John Marion, executive director of Common Cause of Rhode Island, joins Political Roundtable this week to discuss the new legislative session; the battle over extended unemployment benefits; and the 50th anniversary of the War on Poverty.

Flo Jonic

Senator Jack Reed says he’s pleased a bill he co-sponsored to extend unemployment benefits for 90 days has moved forward in the Senate on a procedural vote. And he’d like to see it continue to move forward without having to negotiate how to pay for it. But Reed says he’s open on that point.