EDITORIAL: Indiana jobless lose with poor planning

The Journal Gazette

Indiana has been limping along with an underfunded unemployment insurance system since 2001. And just as jobless figures begin to climb, the Unemployment Insurance Trust Fund has gone dry. A $330 million loan from the U.S. Department of Labor will allow the state to meet immediate demands, but it comes with a 4.8 percent interest rate and doesn't solve the long-term problem of a system that pays out more than it takes in.

Senate President Pro Tem David Long, R-Fort Wayne, said the problem has been a lack of political will.