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IPFS News Link • TAXES: State
Obama to propose relief for states burdened by debt from unemployment benefits
• Washington Poststarting in 2014, Obama would target companies for sharply higher
payroll taxes to help states replenish their depleted unemployment
funds and repay their debts to Washington.
The proposal was described by an administration source familiar with
Obama's budget, speaking on condition of anonymity because the budget
has not been released. At a time when Washington is grappling with its
own record deficits,