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Chicago Tribune blasts Illinois Senate's 'rotten' request for $41.6B federal bailout as 'shameless'
[FOXNEWS] The editorial board of the Chicago Tribune has repeatedly slammed the Illinois Senate's request for a whopping $41.6 billion federal bailout as the state's financial troubles continue to grow amid the coronavirus (aka COVID19 or Chinese Plague)
...the twenty first century equivalent of bubonic plague, only instead of killing off a third of the population of Europe it kills 3.4 percent of those who notice they have it. It seems to be fond of the elderly, especially Iranian politicians and holy men...
 outbreak.

"Let’s stipulate that Don Harmon, rookie president of the Illinois Senate, laid a rotten egg with his recent letter asking members of Congress to give Illinois a $40.6 billion bequest. Assorted politicians and pundits have scorned Harmon’s inclusion of a $10 billion pension bailout, as if a sudden pandemic created a pension crisis that, in fact, Harmon and his fellow Springfield politicians spent decades creating," the editorial board began a piece on Friday. "We called Harmon’s request shameless and dishonest. His 'ask' was roundly criticized and, we would bet, part of the reason Senate Majority Leader Mitch McConnell rejected the idea of state bailouts in a recent radio interview."

The Tribune editorial board agreed with McConnell that states should solve the problems they created and added that "taxpayers across the country should not be responsible for Illinois’ financial mismanagement and particularly its unfunded pension liabilities."

"It also helped expose Illinois Democrats’ agenda for 2020. While asking for a federal bailout, they have shown no movement toward cutting spending or removing from the November ballot a constitutional amendment that eventually will mean higher income taxes for millions of Illinois taxpayers," the board elaborated.


Posted by: Fred 2020-04-26
http://www.rantburg.com/poparticle.php?ID=569796