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Illinois Comptroller Launches Public Push For Bond Sale

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On Monday, Illinois Comptroller Susana Mendoza released a public request, urging the governor to quickly sell up to $6 billion of bonds to help pay off overdue bills. Mendoza, a Democrat, said Illinois' bill backlog is costing residents $2 million a day in late payment penalties that can reach as much as 12 percent a year. The $36 billion fiscal 2018 budget, enacted by the legislature, included authorization to sell up to $6 billion of 12-year bonds. Mendoza's office said the new borrowing will provide some relief to service providers and businesses that have been waiting months for payment. This video was produced by YT Wochit Vote It using


domesticNews Susana Mendoza Bond Illinois Comptroller Governor Of Illinois Illinois Budget Impasse Government Of Illinois Illinois Comptroller
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