Saturday, January 07, 2012

llinois puts self at front of payment line

Illinois Statehouse News reports:
Illinois owes a lot of money to a lot of people, including itself, and thanks to legislation passed in 2010, the state is in the front of the line to get repaid.

Under the emergency budget act, the state was able to borrow $500 million from hundreds of funds, including the Illinois Animal Abuse Fund and Illinois Affordable Housing Trust Fund, to balance its budget.
Just a reminder, without people like former Illinois state Senator Barack Obama: Illinois would be a normal place.