Author
MaryAnn McCabe
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Budgets/TaxesEconomicsFeatured
My View: Give Illinoisans, Not Exelon, a Rescue Plan
by MaryAnn McCabe June 9, 2016In 2015, Exelon threatened to shut down up to six of its nuclear power plants in Illinois due to the plants’ unprofitability and the reduced price of coal and natural gas energy sources — unless Exelon received a government bailout from the state. The company claimed it needed direct taxpayer subsidies to keep three unprofitable nuclear power plants open.