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Big wins for Lightfoot and Pritzker in the just-wrapped Springfield session

MAY 26, 2020 | by Greg Hinz | CRAIN’S CHICAGO BUSINESS

By Greg Hinz, includes “Mayor Lori Lightfoot got her casino. Gov. J.B. Pritzker got his $40 billion budget—and the authority to borrow billions from the Federal Reserve to balance it. Tipplers won the rights to purchase drinks to go. … the budget relies on up to $5 billion in borrowing from the Fed under its COVID-19 relief plan. Officials hope to replace that with direct federal aid … Neither action is guaranteed, but in the meantime the state has a budget that generally continues spending at this year’s levels without any major cuts.” 

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