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Stimulus or bailout: Will it hurt Illinois’ economy?

MARCH 5, 2021 | NEWS CHANNEL ABC 20 (ILLINOIS) | by Taylor Deckert

By Taylor Deckert, includes “The Taxpayer Education Foundation shared in a statement it doesn't think a federal bailout will help the current state of Illinois' economy. It's asking the U.S. Senate to not bail out the state with federal funds, saying it'll further dig a hole in the state's unpaid bills.”

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Illinois pension fund liability jumps 19%

MARCH 4, 2021 | PENSIONS & INVESTMENTS | by Rob Kozlowski

By Rob Kozlowski, includes “Illinois' adjusted net pension liability will total $317 billion for the current year, according to Moody's Investors Service. … Moody's uses that high-grade corporate bond index to value state and local government pension liabilities. As of June 30, the state's aggregate net pension liabilities reported under Government Accounting Standards Board rules totaled $154 billion, up from $145 billion a year earlier.”

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