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Amy Pechacek: “We have not had to borrow from the federal government since…”

Featuring: Amy Pechacek, Acting Wisconsin Secretary of Workforce Development

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Newsmakers: DWD Secretary-Designee Amy Pechacek

Published | Video Starts at 23:34

Can you update us on the U of I Trust fund now? Yeah, absolutely. So as of December 31, 2020, the trust fund had $1.1 billion in it. We have not had to borrow from the federal government since the pandemic. But to give you a little bit of context, Steve, There are about 20 states that are already borrowing from the federal government, including some of our neighbors, Illinois, Minnesota, and a few others. (23:34–23:40)

CLAIM

Asserts that Wisconsin has not borrowed federal funds for unemployment during the pandemic.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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