Illinois Policy Institute - Institute in CNN Money: Illinois Governor Proposes Borrowing $8.7 Billion

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Institute in CNN Money: Illinois Governor Proposes Borrowing $8.7 Billion

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2/16/2011

By Tami Luhby

If lawmakers don't approve the additional borrowing, the budget will be $5.5 billion out of balance, said John Tillman, chief executive officer of the Illinois Policy Institute, a non-partisan, free-market think tank.

"By borrowing, he's inflating his ability to spend," said Tillman of the governor.

Read the full story here.