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Monday, March 23, 2020

Your Illinois News Radar » More like this, please - The Capitol Fax Blog

* I thought the governor’s tone during a CNN interview yesterday was unfortunate, so I wrote about it

Stick to indisputable facts, which are mostly on your side. Presenting cold hard facts is more than enough to make your case that the White House continues to fall far short.

He toned it way down during his afternoon press conference and stayed on an even keel during an appearance this morning on The Today Show…


Much, much better.

* Meanwhile…


The governor addressed this yesterday

You know there are challenges for the state of just cash flow, right? I mean obviously we receive a lot of those revenues typically in April and they’re planned for spending related to those revenues that come in in April. So we’re trying to figure out whether there’s federal borrowing or federal help that will come down the pike that will help. I think there are a lot of states will have this kind of cash flow issue. If they extend their deadlines to July, I think is when the federal government did, but we are working on it. We think that’s an important thing for us to evaluate and then do something about

The bottom line is Illinois can’t just print money like the federal government. Without some help from the feds, delaying tax day or cutting sales taxes by 25 percent (as Rep. David McSweeney wants to do) would be fiscally dangerous.

By the way, my “favorite” reporter question yesterday was the one about how the state intends to spend money in the rainy day fund. I literally laughed out loud at that one.

* Related…

* Bernard Schoenburg: Some good reviews for difficult decisions

* Coronavirus vaults Pritzker into national spotlight, and Trump’s tweet proves it

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"like this" - Google News
March 23, 2020 at 09:50PM
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Your Illinois News Radar » More like this, please - The Capitol Fax Blog
"like this" - Google News
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