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llinois Senate Democrats seek massive federal bailout

APRIL 20, 2020 | by Mark Glennon, Ted Dabrowski | WIREPOINTS ILLINOIS NEWS

By Mark Glennon and Ted Dabrowski, includes copy of letter by state senator Don Harmonl, also includes “… The new bailout would be in addition to federal assistance already authorized by Congress and the Federal Reserve Bank. They include, for Illinois, approximately $4.9 billion under the new CARES Act and about $9.6 billion in a new Federal Reserve facility to purchase municipal bonds. Chicago may also be seeking its own federal bailout money separately.”

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