Alexi Giannoulias's Hypocrisy on Debt

Illinois Democratic Senate candidate Alexi Giannoulias doesn’t have many accomplishments he can run on. His family bank, where he worked as a vice president and a senior loan officer, was taken over by the FDIC in April, costing the government $394.3 million. The Bright Start College Savings Program, which Giannoulias oversees as Illinois’s state treasurer, lost $150 million in 2008 and investors were only able to recover half. So Giannoulias has resorted to perhaps what he does best—attacking his Republican opponent Mark Kirk.

So recently Giannoulias tried to go on offense on the issue of deficits and the national debt. Specifically, Giannoulias hopes to tie his Republican opponent Kirk to the nation’s current economic troubles.