STATEMENT: Speaker Bosma responds to early unemployment loan payoff announcement

Posted by: Erin Reece  | Friday, October 16, 2015

INDIANAPOLIS (Oct. 16, 2015) – House Speaker Brian Bosma (R-Indianapolis) provided the following statement in response to the State Budget Committee authorizing the $250 million repayment of a federal unemployment loan prior to the Nov. 10 deadline:

"Indiana's ability to pay off it's federal unemployment loan early means Hoosier employers will save hundreds of millions of dollars in penalties and can infuse this money back into our economy," Bosma said. "This move is the right decision as we look to maintain Indiana's favorable business climate and keep our historic jobs numbers growing. Thanks to strong leadership and Republican-led policies, our state's unemployment fund is on a solid path to solvency."