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Posts tagged Municipal Liquidity Facility
It's no time to go low
Sen. Durbin holds out hope for aid to state and local gov’ts, but compromise relief bill is just a stopgap
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Ted CoxCoronavirus, Coronavirus Relief, Coronavirus Stimulus, COVID-19, COVID-19 Relief, Dick Durbin, Mitch McConnell, Heroes Act, CARES Act, Federal Reserve, Municipal Liquidity Facility, Joe Biden, Donald Trump, Rand Paul
COVID relief is not a shell game
It’s absurd to use stimulus funding to simply pay off debts, for states as well as individual taxpayers
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Ted CoxCoronavirus, Coronavirus Relief, COVID-19, COVID-19 Relief, Illinois Coronavirus, Illinois COVID-19, Federal Reserve, J.B. Pritzker, Municipal Liquidity Facility, Susana Mendoza, Joe Biden, Illinois Policy Institute, Rebuild Illinois, Janet Yellen, Jerome Powell, Steve Mnuchin, Rural Broadband
Don't be a COVID turkey this Thanksgiving
Pritzker, Ezike make final pleas to stay home as guv lays out plans for fiscal stopgap
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Ted CoxCoronavirus, Illinois Coronavirus, COVID-19, Illinois COVID-19, Illinois COVID-19 Toll, Illinois COVID-19 Testing, J.B. Pritzker, Ngozi Ezike, Federal Reserve, Municipal Liquidity Facility, Joe Biden
The headless horseman of Illinois politics
Ghost of Bruce Rauner’s austerity agenda rose up, financed by Ken Griffin, and rode roughshod over the state, but how did it sway voters?
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Ted CoxHeadless Horseman, Bruce Rauner, Kenneth Griffin, Richard Uihlein, University of Illinois at Chicago, Christopher Mooney, Thomas Kilbride, 2020 Presidential Election, Illinois Fair Tax, Illinois Graduated Income Tax, Illinois Progressive Income Tax, Fair Tax Amendment, Citizens for Judicial Fairness, Illinois Sunshine, J.B. Pritzker, Municipal Liquidity Facility, Federal Reserve, Jerome Powell, Coronavirus Relief, COVID-19 Relief, Hillary Clinton, Joe Biden, Donald Trump
Economic recovery depends on COVID recovery
Without federal coronavirus relief, gov’t austerity layoffs could ‘drag down the economy’ in a ‘vicious cycle’
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Ted CoxCoronavirus, Coronavirus Relief, COVID-19, COVID-19 Relief, Illinois Coronavirus, Illinois COVID-19, University of Illinois at Chicago, Daniel La Spata, David Merriman, Michael Pagano, UIC CUPPA, CARES Act, Heroes Act, Amanda Kass, Mitch McConnell, Municipal Liquidity Facility
Where will cities, states find COVID relief?
The federal government is the only source of economic aid, so why is the Federal Reserve charging penalties for critical funding?
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Ted CoxCoronavirus, Coronavirus Relief, COVID-19, COVID-19 Relief, Illinois COVID-19, Lori Lightfoot, J.B. Pritzker, Laurence Msall, Civic Federation, Heroes Act, CARES Act, Federal Reserve, Municipal Liquidity Facility, Amanda Kass, Martin Luther King, Franklin D. Roosevelt, Reconstruction Finance Corporation
Countercyclical aid: Common sense
RTA, CTA, Metra, Pace plead for COVID-19 relief, illustrating the need of state and local governments in an economic crisis
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Ted CoxCoronavirus, Coronavirus Relief, COVID-19, COVID-19 Relief, RTA, CTA, Metra, Pace, Countercyclical Aid, CARES Act, Heroes Act, Donald Trump, Federal Reserve, Municipal Liquidity Facility, Jesus "Chuy" Garcia, Jerrold Nadler, Andrew Yang, Mitch McConnell
House progressives call on Fed to loosen purse strings for state loans
Reps. Schakowsky, Garcia join in letter seeking COVID relief
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Ted CoxCoronavirus Relief, COVID-19 Relief, Jan Schakowsky, Jesus "Chuy" Garcia, Federal Reserve, Jerome Powell, J.B. Pritzker, Center on Budget and Policy Priorities, Municipal Liquidity Facility, Charles Evans, Federal Reserve Bank of Chicago, Alexandria Ocasio-Cortez, Ilhan Omar, Ayanna Pressley, Rashida Tlaib, The Squad
Fair tax: Now more than ever
Public education, preschool critical to level social playing field, but require funding, especially in pandemic
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Ted CoxIllinois Fair Tax, Pritzker Fair Tax, Progressive Income Tax, Illinois Progressive Income Tax, Graduated Income Tax, Illinois Graduated Income Tax, Defund the Police, Police Brutality Protests, J.B. Pritzker, Cheri Bustos, Mitch McConnell, Municipal Liquidity Facility, Scott Minerd, Guggenheim Investments, Jay Powell, Elizabeth Warren, Sherrod Brown, Bill Brady, Timothy Schneider, Illinois Republican Party, Illinois Public Schools, Illinois Public Education, Illinois Preschool
Ill. first state to borrow from fed relief fund
State will draw $1.2B from Federal Reserve’s COVID-19 Municipal Liquidity Facility
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Ted CoxCoronavirus Relief, Coronavirus, Illinois Coronavirus, COVID-19, COVID-19 Relief, Illinois COVID-19, Alexis Sturm, Federal Reserve, Municipal Liquidity Facility, J.B. Pritzker, Cheri Bustos, Heroes Act, Mitch McConnell
Fed to states, counties, cities: No free money for you
Meanwhile, taxpayers backstop debt frenzy for corporate sector
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Ted CoxCoronavirus Relief, Coronavirus, Coronavirus Stimulus, Illinois Coronavirus, COVID-19, COVID-19 Relief, Illinois COVID-19, Apple Computer, U.S. Federal Reserve Board, Municipal Liquidity Facility, J.B. Pritzker, Economic Policy Institute