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Was the pandemic to blame for Illinois state revenue weakness before the latest federal stimulus bill?

MARCH 15, 2021 | by Bill Bergman | BILL’S BLOG

Includes “The massive $1.9 trillion federal ‘stimulus’ packaged signed into law last week included $350 billion for state and local governments. At the onset of the pandemic, many feared already-challenged jurisdictions were going to take a huge revenue hit. A few weeks ago, however, an office of Illinois government released a little-noticed but remarkable report including the most recent data on revenue trends in Illinois government. Illinois' tax revenue was going up, not down, during the pandemic. ..."

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