Missouri employers are on the hook for hundreds of millions in state debt, and it may get worse. Theo Keith explains from Jefferson City.
Wrap: The state's Labor Commission meeting Tuesday about how to pay the money back.
About 140,000 Missourians are drawing checks from the state's unemployment insurance fund, which is three quarters of a billion dollars in the hole.
The state says it will get worse ... Missouri may eventually fall nearly $2 billion short.
A Labor Department spokeswoman says the state is borrowing from the feds to keep making the payments.
But that Missouri employers will eventually have to pay it all back through taxes.
The commission is looking into getting Missourians to buy state bonds ... which would cover the debt until employers can make up the difference.
From Jefferson City, I'm Theo Keith, NewsRadio 1120 KMOX.