Brushing off concerns of overspending, Pritzker signs $53.1 billion state budget – Capitol News IL

Republicans uniformly voted against the budget package with the exception of a measure that does away with the state’s 1 percent tax on groceries, but even some Democrats balked at the budget and voted against either the spending or revenue plans last week.
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9mm
1 year ago

Average spent on groceries for many is around 7k a year. The 1% tax amounts to a savings of $70 dollars. Or in Illinois, half a tank of gas if you fill up before July.

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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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