Moody’s gives Illinois second credit upgrade within one year – Capitol News IL

Gov. JB Pritzker credited the upgrade to the recently passed $46 billion state operating budget, and the fact that the state dedicated an added $500 million to its pension system and retired $900 million in other interest-accruing health insurance debts.
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NB
2 years ago

The machine used the arpa covid relief $ to boost state credit rating for election time by directly or indirectly paying off pensions and building up empty rainy day fund but then shorting paying back unemployment insurance loan which will fall on taxpayers one way or another. And even yet, have they officially agreed to pay the announced $2 billion payment back to feds for unemployment insurance fund? Or is that going to be delayed till after election?

Fed up neighbor
2 years ago

Huh, who’s paying who,

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