It makes no difference to Gov. Pat Quinn that the state of Illinois is broke, he wants a high-speed rail system no matter what the cost to the taxpayers. But just in case you thought that the money wasn’t there for such a project the Gov offers this little gem:
Quinn says the state’s budget crisis won’t affect the plans because of “ample revenues” in the capital fund, which is separate from the general revenue fund.
You see, it’s the general revenue fund that is broke not the capital fund (these are entirely separate loot pots). But just in case you are skeptical as to whether there is enough loot in the capital fund we are given this:
The White House has announced federal stimulus money for high-speed rail.
Phewwww!!!
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IL Senators Durbin and Burris ♥ the FED (Aaron Webb)
Shocking news out of Illinois this morning. Senators Durbin and Burris vote NAY on a bill introduced in the Senate yesterday to audit the Fed. The original bill introduced in the Senate had much of the same language as Ron Paul’s bill to Audit the Fed introduced in the House that eventually had over 300 cosponsors. The Senate watered down that version which eventually became the Dodd Fed Empowerment Act, which virtually eliminated all of the audit provisions in the original bill. Dodd’s bill passed the Senate 96-0. Senator David Vitter introduced an amendment to Dodd’s bill that would have restored all of the original provisions and allowed a full and transparent audit of all Fed activities, it was defeated 37-62. By voting NAY on Senator Vitter’s amendment Durbin and Burris have signaled that it’s business as usual with anything regarding the Fed, with business as usual being Don’t Ask, but if you do We Won’t Tell.