From the Charlotte Observer:
“Lew Ebert, CEO of the North Carolina Chamber, stopped by the Observer editorial board Wednesday to talk about it. Ebert said the unemployment debt — not taxes, not regulations — was the single biggest cloud hovering over the state’s economy. Those other issues can’t really be tackled until state leaders deal with the debt, he said.
Ignoring it, Ebert said, is actually a tax hike, because the federal penalty on businesses keeps accruing — to the tune of $400 million this year, he said.”