Some 'plan.' Illinois wants more federal bailout money for unemployment trust fund
Less than two weeks ago, JB Pritzker’s administration told us we would soon see a “plan” for addressing the gaping hole in Illinois unemployment trust fund. It’s the source of money for unemployment claims but it is underwater by something well over $5 billion. Most of that hole is in the form of the repayment obligation of about $4.5 billion for money borrowed by the trust fund from the federal government during the pandemic.