Source: Niskanen Center
by Will Raderman
“Anyone managing their household’s pocketbook knows to track two key numbers: how much is being spent and how much is being saved. Technically, you can spend all the income you earn each month without immediately going into debt, but unexpected expenses happen. The safer route is to save a steady portion of your paychecks and build up the reserves to cover a sudden surge in cost. States must manage their unemployment insurance programs in a similar manner.” (02/23/26)