Economic Commentary from Badger Institute Visiting Fellow Jay Miller
This time, Illinois is using the COVID-19 pandemic as an excuse for seeking a federal bailout to extricate itself from its own long-standing—and self-created—fiscal mess.
What does one have to do with the other? Nothing.
Yet, the House recently passed a new $3 trillion coronavirus relief package that includes $1 trillion for state and local governments.
Illinois lawmakers would like to get their hands on a large chunk of that money, not so much to fight the virus, but to force taxpayers from other states, including Wisconsin, to rescue them from the budgetary nightmare they created.
Read the entire article here.
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