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Trib: "Illinois' Borrowing Bonanza"
The Trib reported earlier this week that "Gov. Pat Quinn and lawmakers increasingly have turned to borrowing as a quick fix and are on track to borrow up to $6.5 billion in loans to keep the state afloat."
Sadly, it's the bankers who are reaping the benefits of this borrowing bonanza while citizens in need suffer and wait for services. Next year will be even worse, with a $12 billion projected deficit.
This doesn't have to be. The Responsible Budget Coalition has a proposal to increase revenue while protecting low-income Illinoisans. Sign on to support the Responsible Budget Coalition's goals today!
We can't wait for Ben Cartright to ride to the rescue. We need to fix the state budget ourselves by urging legislators to support a responsible budget.
Read the rest of the Trib article here.
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