Published by admin on Mon, 03/28/2022 - 1:36pm
After the Illinois House and Senate voted to pass legislation to partially pay down the state's unemployment insurance trust fund debt, top Democratic leaders gathered for a Statehouse press conference to boast about their accomplishment.
Yes, they admitted, it was only a partial pay-down. The debt is $4.5 billion, and they patched it with $2.7 billion in federal money from the American Rescue Plan Act. But the Democrats pointed out Illinois is using a higher percentage of its federal ARPA aid on its debt than surrounding states, including neighboring Indiana.