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llinois eyes second Fed loan if stimulus, income-tax vote fail

OCTOBER 9, 2020 | by Shruti Singh | BLOOMBERG

By Shruti Singh, includes “Illinois, the only U.S. state to borrow from the Federal Reserve, will likely have to tap the central bank again to help close its $4.1 billion deficit if federal aid doesn’t come through and voters reject a ballot measure to raise taxes on the rich, according to Governor J.B. Pritzker.”

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