Will unemployment claims bust Va. hopes for future balanced budget?

Published October 24, 2010 4:00am ET



It’s a story that hasn’t gotten a lot of play in the Virginia press, and is certainly never mentioned in the Governor’s talking points about his budget-balancing skills, but buried inside this Richmond Times Dispatch piece on the state’s tepid economy is a fact you need to know:

Virginia may also have to borrow an additional $613 million from the federal government between 2011 and April, 2012 to pay benefits to unemployed Virginians.

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