The Democratic governor says putting billions of dollars into the
hands of businesses and service groups would provide an economic
boost at a time when there's danger of a "double dip" recession.
Quinn has proposed borrowing money and paying state government's
backlog of overdue bills -- essentially trading one form of debt for
another. Quinn says government should not push its burdens onto
other groups.
Lawmakers of both parties have given a cold shoulder to the plan,
but Quinn says he will try again when the Legislature convenes this
month.
Critics say it's bad policy to pay routine government costs with
borrowed money.
[Associated Press]
Copyright 2011 The Associated Press. All rights reserved. This
material may not be published, broadcast, rewritten or
redistributed.
|