GOP Lawmakers Address Interest Payment

Aug 31, 2011

Republican state lawmakers are urging Gov. Steve Beshear to quickly call the General Assembly into a special session to deal with a $28 million interest payment due the federal government at the end of September. The interest is on the $900 million in unemployment benefits the state “borrowed” to make claim payments. Republicans, including state Sen. Mike Wilson of Bowling Green and state Senate President David Williams of Burkesville, are warning that employers could be forced to increase their payments into the system if the interest payment is not made on time. But Democrats, including Beshear, disagree.