Wednesday, March 14, 2012

Senate OKs $10 billion borrowing plan for state

The state Senate today handed Gov. Blagojevich his first majorlegislative victory by approving a $10 billion borrowing plan that hesays will lift the state out of its massive budget whole.

After the proposal failed earlier this week, it was resurrectedand passed 37-16. Thirty-six votes were needed for passage.

"We won't have to cut school aid," said Senate President EmilJones after the plan was passed. "We'll be able to pay our bills totake care of the citizens and the nursing homes of Illinois.

"Maybe you want to raise taxes, have the courage to say so," Jonessaid to critics of the plan. "Come to the floor of the Senate with aplan."

Senate Minority …

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