Gov. Pritzker downplays projected five-year $22 billion deficit, Wirepoints counters. – Illinois in Focus

Ted joined Greg Bishop to discuss the state’s projected $5 billion annual deficits, why Gov. Pritzker is increasing spending even though the covid bailout money has finally run out, the massive increase in spending on human services and education, why tax hikes drive Illinoisans out of the state, and more.

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Zephyr Window
1 year ago

Simply put Pritzger doesn’t care. He’s very wealthy, very smug and doesn’t worry about the failed policies he and the cabal of leftist democrats have created. Again, Pritzger doesn’t care.

Where's Mine ???
1 year ago

Really good, but with regard to just Chicago train-wreak notice JB keeps repeating criticism of city of Chicago budget when he states “you need make sure you haven’t put your ARPA dollars entirely into your operating budget”. Unbelievably, it’s still unclear what % of ARPA dollars are currently in operating budget that dopey taxpayers are now going to have to pay for. And of course nobody in press asks.

Riverbender
1 year ago

Pritzker needs those spending program so as to portray Illinois as a utopian land of milk and honey for the 2028 presidential elections. We, as Illinoisans, unfortunately have to pay for them so it will be the new graduated income tax or underfund the pension funds once again. Either way the spending will go on and we the taxpayers will be footing the bill one way or another.

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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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