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She said the borrowing of $2 billion from the federal government at a 3.5% interest rate was extremely important because COVID-19 is causing the state’s revenue to go way down. “Every penny is being used for Medicaid bills that give us a 56 cent on the dollar back, so that $2 billion turns into more like $3.5 billion when we’re all said and down. I’m going to use that to pay off our healthcare bills, then when we’re done paying all our healthcare bills, we’ll go ahead and put some of that towards bills that are accruing late payment interest penalties to save taxpayers even more money."
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WIREPOINTS ORIGINAL STORIES
Audio and summary Why the Holdup Using Artificial Intelligence to Cut Illinois Government Costs? – Wirepoints
May 19, 2026
10 Comments
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Note to readers from Mark Glennon re: Ukraine
May 6, 2026
4 Comments
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Wirepoints’ Mark Glennon on AM560’s Morning Answer – Chicago’s struggling commercial real estate and more
April 22, 2026
5 Comments
Summary and audio linked here.
“….prior to COVID, the state was working itself out of the fiscal crisis caused by two years of not having a budget under the prior governor. We were on our way. We were getting into better fiscal territory, which was really good for Illinois…..”
Delusional…..
“… to save taxpayers even more money.”
Yeah, IL has done so well over the many years to save the taxpayers money. That’s why it’s overall the highest-taxed state in the country. What a joke.
Covid caused state tax revenue shortfalls, not government-imposed lockdowns.
The previous governor caused the state’s financial problems, not 30+ years of fiscal mismanagement.
She is a hero for borrowing more money at lower rates, not that rates are lower overall in the country, and other states can borrow at more favorable rates than Illinois.
The state needs more revenue, not that it spends too much.
If she really believes these things, she is delusional.
I don’t think she believes these things, and I don’t think she’s delusional. She’s just toeing the company line. Unfortunately, there are some taxpayers that believe her.