POLITICS
03/18/2010 05:12 am ET Updated May 25, 2011

Unemployment Programs In 40 States About To Go Broke

The recession's jobless toll is draining unemployment-compensation funds so fast that according to federal projections, 40 state programs will go broke within two years and need $90 billion in loans to keep issuing the benefit checks.

The shortfalls are putting pressure on governments to either raise taxes or shrink the aid payments.

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