Wirepoints’ Mark Glennon on AM560’s Morning Answer: Illinois Budget’s New Taxes Face Serious Constitutional Challenges
June 12, 2026
2 Comments
Audio and summary linked here.
-- Connecting the dots between our economy, government and business --
A mess of uncertainty and litigation is sure to follow.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
Don’t forget, on top of Illinois CARES ACT fed funding and only state to borrow under fed MLF program, back in may Illinois was approved for highest in nation–$11 billion fed line of credit for unemployment claims because its unemployment fund was woefully underfunded (which will all have to be paid back). Illinois just got thru paying back fed loans for unemployment from 2009…does anybody in state gov care? https://www.politico.com/states/california/story/2020/05/05/9-states-seek-36b-in-federal-advances-for-unemployment-claims-1282530
The volume is so great and the employees are so lazy that Big Government can’t function, as usual