Pritzker debt-reduction approved as watchdog praises plan
SPRINGFIELD, Ill. (AP) — A respected tax and budget watchdog on Thursday praised Gov....
Source: theridgefieldpress.com
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Dems chart path to borrow money for Ill.'s shaky unemployment system for third time in two decades
Breaking a decades-long tradition in shared sacrifice, the continued deepening of partisan animosity in the state legislature left Democrats voting by themselves Wednesday night on a plan to begin paying back the $4.5 billion of federal debt Illinois accrued over the last two years as the COVID-19 pandemic brought the state’s unemployment system to the brink.
Source: northernpublicradio.org
Illinois House approves partial payment of unemployment debt, raising concerns of tax increases, benefit cuts
(The Center Square) – The Illinois House late Wednesday approved using some federal COVID-19 relief tax funds to partially pay down the state's unemployment debt. But a remaining balance could lead to tax increases on job creators, ben...
Source: cities929.com
Lawmakers direct $2.7 billion in federal funds toward $4.5 billion unemployment fund deficit
The House on Wednesday advanced a measure to allocate $2.7 billion in federal American Rescue Plan Act funds to pay down more than half of its outstanding $4.5 billion Unemployment Insurance Trust Fund debt.
Source: nprillinois.org
Discussions between business, labor continue on retiring other $1.8 billion
Law makers met Wednesday to advance a measure to allocated $2.7 billion in federal money...
Source: myjournalcourier.com