About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

FGMSD-79-20 1 (1979-04-17)

handle is hein.gao/gaobaayyv0001 and id is 1 raw text is:                                                       10 • 1 1



BY THE COvPTROLLER GENERAL



Report To The Congress


OF THE UNITED STATES


More Effective Federal And

State Cash Management Would

Increase Interest Income Of

Unemployment Trust Fund

The Department of Labor's ineffective
monitoring and guidance of State collections
and disbursements of unemployment rmonies
causes Federal and State governments to lose
millions of dollars in interest income
annually on   Unemployment Trust Fund
deposits. This report shows what happens
when States do    not use effective cash
management techniques in their handling of
unemployment tax revenues.

GAO recommends that the Secretary of
Labor establish an effective system for
regularly monitoring State cash rmanagement
and State banking arrangements to increase
Trust Fund interest earnings.









    ,ISI S7,I11IjII II I
                                                   109100



                                                        FGMSD-79-20
         e90 c7,                                      APRIL 17, 1979

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most