States are emptying their unemployment funds, and even the federal fund designed as a backstop is likely to run out of money

If an emergency appropriations bill isn’t passed in time, the states “would have to either increase taxes, borrow from future spending, or they might have to borrow from other spending programs,” finance professor Jason told Business Insider.

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Understanding treasury yields

Finance Assistant Professor Chen Wang was featured by ABC57 News in a discussion about treasury yields and the economy.

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