No shame: Illinois set to borrow from Fed’s ‘lender of last resort' facility a second timeNo shame: Illinois set to borrow from Fed’s ‘lender of last resort' facility a second time
By Ted Dabrowski, includes “…Gov. Pritzker has increased Illinois’ dependence on the federal government since the first $1.2 billion MLF borrowing. The governor “balanced” the state’s 2021 budget by including a planned $5 billion borrowing from the Fed, with a further hope to repay that debt via another federal stimulus package. …”
