The Business Council of Westchester joined with 25 other statewide business organizations in a letter to the leadership of the State Senate and Assembly urging them to support the Assembly’s proposal to devote $7 billion to pay off the state’s outstanding federal unemployment insurance program loan and help restore the financial stability of the state’s UI fund. “This expensive but necessary step would have multiple benefits — it would help restore the UI fund’s financial strength, it would allow for reduced federal UI taxes on business, and it would make possible increased maximum UI benefits for workers,” read the letter […]