Government Cash Handouts Surpass Tax Revenues
Stumbled on the following this morning. Almost as bad as peeing in my Wheaties. From James C. Cooper of the financial site The Fiscal Times earlier this week: For the first time since the Great...
View ArticlePaul Volcker-Led Group: Illinois Could Have Trouble Meeting ‘Its Population’s...
Any remaining doubts I may have had about my home state of Illinois being in bad shape are gone after reading a new report from the non-partisan, Paul Volcker-led State Budget Crisis Task Force. In...
View ArticleIllinois Could Have Nearly $22 Billion In Unpaid Bills By FY 2018
It’s been a while since I last blogged about the Civic Federation, an independent, non-partisan government research organization that provides analysis and recommendations on government finance issues...
View ArticleChicago’s Financial Condition Deteriorated More Than Many Other Major U.S....
It’s been some time since I last blogged about The Civic Federation, an independent, non-partisan government research organization that provides analysis and recommendations on government finance...
View ArticleIllinois Debt Crisis Latest: $9 Billion Annual Deficit, $159 Billion In IOUs
Illinois residents are waking up to disturbing news this morning. From the “Press Room” over on the website of the Institute of Government and Public Affairs at the University of Illinois: Illinois...
View ArticleIllinois Governor Bruce Rauner To Push Drastic Spending Cuts, Sales Tax Hike...
Some local news outlets have been giving new Illinois Governor Bruce Rauner a hard time lately, claiming he’s still in “campaign mode” and not providing much in the way of tackling the state’s economic...
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