Badly Managed, Bankrupt Democrat States Like New York and Illinois Are Demanding Their Mass Debt Be Included in Federal Bailout

49

Before Corona, Govenor Cuomo’s ineptitude resulted in a $6.1 billion budget hole in New York state.

Hardworking Americans should not be forced to mortgage their futures for failed Governors who squandered state coffers on far-left failed policies.

ADVERTISEMENT

https://twitter.com/PamelaGeller/status/1251189105712603139?s=20

https://twitter.com/PamelaGeller/status/1251552411988131840?s=20

https://twitter.com/PamelaGeller/status/1251219498629242886?s=20

https://twitter.com/PamelaGeller/status/1251211186680594432?s=20

Illinois state lawmakers seek more than $41B in federal coronavirus aid — including $10B pension bailout

Illinois Senate President Don Harmon says the shutdown could undo the progress the cash-strapped state has made in improving its financial footing.

ADVERTISEMENT

By Mitchell Armentrout, Chicago Sun Times,Apr 18, 2020:

Illinois Senate Democrats are asking the federal government for more than $41 billion in federal aid — about a quarter of it for a pension fund bailout — to keep the state financially afloat as the coronavirus pandemic continues to slash revenues across the board.

A letter from Illinois Senate President Don Harmon, addressed to U.S. Sen. Dick Durbin, went out Tuesday to Illinois’ entire congressional delegation — a day before Gov. J.B. Pritzker announced the economic shutdown would result in an estimated $2.7 billion revenue shortfall in the state’s current budget.

“I realize I’ve asked for a lot, but this is an unprecedented situation, and we face the reality that there likely will be additional, unanticipated costs that could result in future requests for assistance,” Harmon wrote on behalf of the state senate Democratic caucus.

Harmon’s federal wish list for the second phase of federal coronavirus relief includes $15 billion in block grant funding to shore up the state’s spending plans for this fiscal year and the next two.

The Oak Park Democrat also asked for $10 billion for the state’s desperately underfunded pension plans.

The Illinois Republican Party slammed that request on Twitter, accusing Democrats of “brazenly using a global pandemic as an excuse to ask the [federal government] to bail them out of the fiscal disaster they manufactured over the last two decades.”

Harmon also wants $9.6 billion for local governments, $6 billion for Illinois’ overloaded unemployment insurance system and $1 billion in public health support for “historically underserved communities,” apparently referring to African American communities that have suffered a disproportionate brunt of the state’s COVID-19 deaths and cases overall.

ADVERTISEMENT

Illinois received about $2.7 billion in federal aid for costs related to the pandemic as part of the initial Coronavirus Aid, Relief, and Economic Security Act, which also sent about $2.2 billion to local municipalities.

The Truth Must be Told

Your contribution supports independent journalism

Please take a moment to consider this. Now, more than ever, people are reading Geller Report for news they won't get anywhere else. But advertising revenues have all but disappeared. Google Adsense is the online advertising monopoly and they have banned us. Social media giants like Facebook and Twitter have blocked and shadow-banned our accounts. But we won't put up a paywall. Because never has the free world needed independent journalism more.

Everyone who reads our reporting knows the Geller Report covers the news the media won't. We cannot do our ground-breaking report without your support. We must continue to report on the global jihad and the left's war on freedom. Our readers’ contributions make that possible.

Geller Report's independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our work is critical in the fight for freedom and because it is your fight, too.

Please contribute here.

or

Make a monthly commitment to support The Geller Report – choose the option that suits you best.

ADVERTISEMENT
Quick note: We cannot do this without your support. Fact. Our work is made possible by you and only you. We receive no grants, government handouts, or major funding. Tech giants are shutting us down. You know this. Twitter, LinkedIn, Google Adsense, Pinterest permanently banned us. Facebook, Google search et al have shadow-banned, suspended and deleted us from your news feeds. They are disappearing us. But we are here.

Subscribe to Geller Report newsletter here— it’s free and it’s essential NOW when informed decision making and opinion is essential to America's survival. Share our posts on your social channels and with your email contacts. Fight the great fight.

Follow Pamela Geller on Gettr. I am there. click here.

Follow Pamela Geller on
Trump's social media platform, Truth Social. It's open and free.

Remember, YOU make the work possible. If you can, please contribute to Geller Report.

Join The Conversation. Leave a Comment.

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spammy or unhelpful, click the ... symbol to the right of the comment to let us know. Thank you for partnering with us to maintain fruitful conversation.

 

ADVERTISEMENT
Thanks for sharing!