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Q: Why is unemployment a problem for the federal debt?
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Can overpayment unemployment debt be taken in tax refund?

Yes. Unreturned unemployment benefits overpayments may be deducted from your federal income tax refund.


Is a home mortgage debt considered a federal debt?

No. A federal debt is a debt that is owned to the federal government. A home mortgage is a debt that is owed to the lending agency, be it a bank, a mortgage company, etc.


How does the federal reserve monetize debt?

The FED monetizes debt by printing money. Then using that money to purchase government bonds. The bonds are sold as a method of covering deficit. The problem lies in the fact that when this happens it causes Aggregate Demand to increase and results in inflation. If the government continually does this, it traps the monetary system into a spiral of increasing inflation and increasing unemployment.


Can a company report to numerous collection agencies to collect a debt?

Contact the Federal Trade Commission they can help you with this problem.


How much Federal unemployment tax do you wit hold?

None. Federal Unemployment tax (940) is an employer-paid tax.


What are federal tax forms940?

It is a form that needs to be filled in by a company every year. It reports the business's federal unemployment taxes pursuant to the Federal Unemployment Tax act.


What is delinquent federal debt?

Delinquent federal debt is debt by the government which has not been paid on time. This is generally a result of a unbalanced budget.


When does state unemployment end and federal unemployment begin?

The states are the only ones who administer unemployment compensation. Federal unemployment, besides extending unemployment benefits after the state's 26 weeks expire, also pertains to federal employee who lost their jobs, and that also is administered by the states as in any other case of employer being responsible.


Which companies offer federal debt consolidation?

Some companies which offer federal debt consolidation include Federal Debt Management Services. In the United States, federal student loans can be consolidated by the Department of Education.


What impact did the crash have on the economy?

-Millions were in debt.-Unemployment had risen


What was the US debt in 1776?

us federal debt in 1850


What was the us's debt in 1776?

us federal debt in 1850