• Illinois Senate Democrats Seek Massive Federal Bailout For State, Going Far Beyond Coronavirus Impact

    April 20, 2020
    1 Comment
    Illinois Senate Democrats Seek Massive Federal Bailout For State, Going Far Beyond Coronavirus Impact
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    Wirepoints has obtained a copy of a letter detailing a federal bailout request sent by Illinois Senate President Don Harmon (D-Chicago) in substantially similar form to all members of the Illinois Congressional Delegation. The letter, which is reproduced below, was sent on April 14 on behalf of Harmon’s 40-member Democratic caucus, which holds a majority in the Illinois Senate.

    The requested bailout is galling in scope and shameless in purpose – a clear attempt to use the pandemic as cover to get federal money to pay for Illinois’ pre-pandemic fiscal mismanagement, particularly of its pensions.

    The Democratic caucus seeks well over $41.6 billion, including important crisis-related relief such as $1 billion in public-health aid to minority communities and unspecified amounts for increased Medicaid reimbursements and hardship payments to health care facilities...

    To read more visit Zero Hedge.

    Author

    CDMStaff

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    Sherlock Homeless

    Illinois and its political leaders are a disgrace.

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