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Ohio lawmakers propose cutting unemployment benefits from 26 to 20 weeks to prevent trust fund insolvency.
Ohio lawmakers are considering House Bill 376, which would cut unemployment benefits from 26 to 20 weeks to stabilize the state’s underfunded trust fund, potentially at risk of insolvency in a recession.
Sponsored by Rep. Michelle Teska (R), the bill aims to save businesses over $158 million and reduce employer tax hikes, but critics warn it could harm workers seeking skilled jobs and question its long-term effectiveness, noting Ohio’s past reliance on federal loans during downturns.
The bill has 12 Republican co-sponsors and has passed one committee hearing.
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Los legisladores de Ohio proponen recortar los beneficios de desempleo de 26 a 20 semanas para evitar la insolvencia del fondo fiduciario.