Illinois Meltdown Update | Bleader

Illinois Meltdown Update

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Rich Miller flags Diane Placko on Fox Chicago discussing how, perhaps not surprisingly, anti-tax-hike Republicans behind the scenes "say there’s no way you dig yourselves out of this hole without some sort of enhanced revenues." Meanwhile, the conservative Illinois Policy Institute says we can get out of the hole without raising taxes, but it'll require continuing to borrow billions of dollars (PDF).

Update: Progress Illinois has much more on taxes.

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