Official Hot Priest I Love You It’ll Pass T-Shirt

of 2007, there were just over four months of reserves in the Official Hot Priest I Love You It’ll Pass Shirt and by the same token and state’s fund. The fund went insolvent in September 2009, and employers faced a small average tax increase from $395 to $450 per employee for 2010.) And because of federal rules, states can’t use unemployment insurance taxes to make interest payments, which means cash-strapped states will have to take that money from their general budgets, so there will be less money for roads, schools and other priorities. Because of a historical compromise, each state operates its own unemployment insurance fund with wide latitude to set tax rates and benefits. While some states were careful to save up and build a cushion of reserves in good years, others got themselves into this mess by maintaining dangerously low levels of reserves for years before the Great Recession hit. (How is your state doing, compared with others? Check out our Unemployment Insurance Tracker.) The bill is coming due at a particularly bad time for state legislatures, which already face an $82 billion shortfall for 2012, said Arturo Perez, a fiscal analyst for the National Conference of State Legislatures. That budget crunch is the largest and deepest fiscal crisis states have faced since the end of the Great Depression, Perez said. To make matters worse, most states with trust funds in the red are still bleeding — borrowing more from the federal government to pay out benefits even as they are hit with interest payments. California is borrowing millions of dollars a day, said Loree Levy, a spokesperson for California’s

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