Lawmakers pass $42.3 billion budget after 2 a.m. – Capitol News IL

The federal American Rescue Plan Act, or ARPA, will provide about $8.1 billion that the state can spend over the next four fiscal years; Lawmakers said they plan to use the money for one-time projects such as affordable housing development, public health improvements, violence prevention programs and infrastructure projects.
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Elmer Fudd's cousin
4 years ago

3000 pages of graft and corruption that none of them read, but from which most of them will profit personally. Illinois, the PhD Master Class on legalized Gubbermint theft of the taxpayers. Not one SPENDING CUT as usual.

Bill
4 years ago

In other words, they plan to piss the money away as usual.

I notice that they did this after 2:00 a.m. so I presume that this particular piece of drunken legislation took place in a 4 o’clock joint.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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