Treasury lifeline won’t bail out Chicago, state from debt – Bloomberg

Both Chicago and the State of Illinois had earlier indicated use of some of the money to reduce debt.
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NB-Chicago
5 years ago

Why would little suzie Mendoza be out on the political stump just a couple of days ago touting what a great job she’s doing paying off illinois pre-pandemic mountain off billions of state iou’s with supposed help from all the $billions in fed biden bucks when she knew this rules report was about to be released? Now putting a kabash on all the supposed good news? Or am i wrong? Also, does this rules report allow illinois to use fed biden bucks to pay back all the $billions$ Illinois borrowed from feds for state underfunded unemployment funds ( another under… Read more »

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