Amid Bickering, Blagojevich Seeks Borrowing Binge.

The article focuses on the venture and initiative of Gov. Rod Blagojevich in developing a modern and effective borrowing strategy and issuing debt to enhance the pension funds and finance capital projects in Illinois. In fact, Gov. Blogojevich proposes a $58 billion budget for 2009 including a $1.2 billion for tobacco bond issue, the sale of $16 billion of pension bonds and $3.8 billion for debt funds to finance capital projects. The state is expected to improve its financial performance.