The U.S. Department of Labor maintains a fund called the Federal Unemployment Account, which provides money for states to ensure that they can maintain unemployment insurance when demand is highest. According to the National Conference of State Legislatures, 30 states currently borrow from this account. California alone has borrowed $8.8 billion so far. Beginning in 2011, the states will have to make $1.4 billion in interest payments on unemployment insurance loans from the federal government. To help pay back the loans, many states have increased unemployment insurance taxes. States should consider reforms that will make the unemployment insurance system more sound and solvent. For example, the Cascade Policy Institute in Oregon proposed creating an Individual Asset Account to improve the unemployment safety net and help build up personal assets for difficult times. Read below for more detailed information and solutions.