32 States Have Borrowed from the Federal Government to Make Unemployment Payments; California Has Borrowed $7 Billion

EconomicPolicyJournal.com has learned that 32 states have run out funds to make unemployment benefit payments and that the federal government has been supplying these states with funds so that they can make their payments to the unemployed. In some cases, states have borrowed billions. As of May 20, the total balance outstanding by 32 states (and the Virgin Islands) is $37.8 billion.

The state of California has borrowed $6.9 billion. Michigan has borrowed $3.9 billion, Illinois $2.2 billion.

Below is the full list of the 32 states (and the Virgin Islands) that have borrowed from the federal government to make unemployment payments, and the amounts that remain borrowed as of May 20 . (Numbers in red are billions)

Alabama $ 283 million

Arkansas 330 million

California 6.9 billion

Colorado 253 million

Connecticut 498 million

Delaware 12 million

Florida 1.6 billion

Georgia 416 million

Idaho 202 million

Illinois 2.2 billion

Indiana 1.7 billion

Kansas 88 million

Kentucky 795 million

Maryland 133 million

Mass. 387 million

Michigan 3.9 billion

Minnesota 477 million

Missouri 722 million

Nevada 397 million

New Jersey 1.7 billion

New York 3.2 billion

N.C. 2.1 billion

Ohio 2.3 billion

Penn. 3.0 billion

R.I. 225 million

S.C. 886 million

S.D. 24 million

Tennessee 21 million

Texas 1.0 billion

Vermont 33 million

Virginia 346 million

Virgin Islands 13 million

Wisconsin 1.4 billion

Total $37.8 billion