If Illinois uses COVID-19 funds for operations, expect financial pitfall – Illinois Policy

“What we are counseling states is that they need to still be mindful of the long-term picture,” said senior officer for state fiscal health at The Pew Charitable Trusts Josh Goodman. One suggestion was to refill the state’s rainy-day fund, which had just $60,000 in it at the start of the COVID-19 pandemic - enough to cover state operating expenses for 30 seconds.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale

Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE