The Illinois Department of Employment Security will pay down $450 million of the $1.8 billion Unemployment Insurance Trust Fund deficit. The problem is the final deadline to pay off the remaining $1.4 billion is Nov. 10. After that, the federal government hits Illinois businesses with an automatic unemployment tax hike until the deficit is paid off.
What a moron this LoL governor JB is. He celebrates saving a potential $10M and is still on the hook for $100M and that is just interest. The bill is $1.8 B unpaid, but he will somehow negotiate it. Maybe another round of loan forgiveness is in our future. We are going to pay for this, please get out and vote.
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.
What a moron this LoL governor JB is. He celebrates saving a potential $10M and is still on the hook for $100M and that is just interest. The bill is $1.8 B unpaid, but he will somehow negotiate it. Maybe another round of loan forgiveness is in our future. We are going to pay for this, please get out and vote.