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Rauner Won't Commit To Bonds To Pay Down Debt

The state is billions behind in paying bills and some lawmakers and constitutional officers are asking the Governor to borrow to help pay down the backlog. Bruce Rauner says much has been made out of using bonds to dig out of the hole but that doesn’t fix the fundamental problems of being more than $16 billion behind.

Rauner says current state budget is going to run a $1.7 billion deficit and so cuts will have to be made before going to make a bond offer.

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