State borrowing $1B more to keep running - Springfield, IL - The State Journal-Register

 

looking at the third short-term borrowing plan in recent months to allow the state to pay its bills from November to February

spokeswoman for Comptroller Dan Hynes, said the state borrowed $1 billion in May and another $1.25 billion in August. All that borrowing and the new borrowing – topping $3 billion – is to be repaid by next summer.

State borrowing $1B more to keep running - Springfield, IL - The State Journal-Register