Illinois' Blagojevich Rallies House To Support $25B Capital Budget

Shields, Yvette
September 2007
Bond Buyer;9/20/2007, Vol. 361 Issue 32717, p3
Trade Publication
The article reports on the support of Illinois Governor Rod Blagojevich for a $25 billion capital budget, which the state Senate approved, as House members stated the plan would likely to fail because of its reliance on a major expansion of casino gaming. According to the report, the capital budget approved by the Senate relies on about $10.3 billion of new state borrowing which in turn would leverage federal dollars and local matching contributions to fund a $25 billion program.


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