Rich Miller: Illinois’ Rainy-Day Fund Better Hope It Doesn’t Rain – River Cities Reader (Davenport)

"Yes, the state will have $1 billion in its rainy-day fund just in case, and the state’s bill-payment cycle can easily be expanded well beyond its current two weeks. But a worse-than-expected economic downturn could still cause some fiscal pain, although not nearly as much as in the days when the state had no cushion at all (or even no budget)."

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale

Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE