Illinois borrowing penalty still three times higher than when Quinn took office

02/06/2014
It didn’t take long for Illinois’ spending machine to cram more debt down taxpayers’ throats. Only two months after signing a pension bill, Gov. Pat Quinn is borrowing yet another $1 billion to fund state construction projects. This will be the first large borrowing for Illinois since it passed Senate Bill 1, a pension fix...

TAGS: borrowing, capital project, debt, Pat Quinn, penalty borrowing rate, pensions