While the additional transfers into the Rainy Day Fund are a welcome boost, Comptroller Susana Mendoza continues to call for regular automatic deposits into the fund during strong economic times, without having to depend on one-time infusions from future legislatures.
That’s like me depositing $1.50 into my bank account…
WOO HOO, hello debt free living…!
Old Spartan
3 years ago
WOW! Really? A whole $150 million! That certainly is worth having a press conference to brag about. That will really make a dent in the $180 billion debt we already have.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
That’s like me depositing $1.50 into my bank account…
WOO HOO, hello debt free living…!
WOW! Really? A whole $150 million! That certainly is worth having a press conference to brag about. That will really make a dent in the $180 billion debt we already have.
She does it time after time and the press always gobbles it up.
It is smart to invest new cash flows at 4.5% , than pay off old debt at 2.5%