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YOUR Tax dollars - Government overpaid $14 Billion in Unemployment benefits

 
Borat Sagdiyev
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User ID: 18344634
United States
07/09/2012 06:44 PM
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YOUR Tax dollars - Government overpaid $14 Billion in Unemployment benefits
[link to finance.yahoo.com]

Don't spend that unemployment check too fast. The government might ask you to pay it back.

Overpayments are a rampant problem in the unemployment insurance system. The federal government and states overpaid
an estimated $14 billion in benefits in fiscal 2011, or roughly 11% of all the jobless benefits paid out, according to
reports from the U.S. Labor Department.

Of the states, Indiana was the worst offender, making more improper payments than it did correct ones.

Now, the U.S. Department of Labor and the states are in the midst of a massive effort to try to recoup some of their lost
funds and avoid future overpayments.

.
Borat Sagdiyev (OP)

User ID: 18344634
United States
07/09/2012 06:44 PM
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Re: YOUR Tax dollars - Government overpaid $14 Billion in Unemployment benefits
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No chance in hell we're getting that back!

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