Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
23 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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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.
A shell game, oooh yeah that’ll work.
hah yeah give the state more control over pension money, they have been doing such a bang up job!
Management fees. My bet is on this being ALL about increasing the fees charged by the main pension-fund money managers. And I’d bet a considerable sum that Pritzger et.al. get a kickback on this somewhere.
On the surface this appears to be a simple common sense approach to cutting administrative costs to allow funding to be more applied directly to the pensioners rather than the administrators. Digging into it however indicates that this is just another kick the can down the road situation that amounts to no more than making the more solvent funds reward the insolvent funds with no regard as to how to really rectify the situations. Consider that the somewhat responsible funded plans would be merged with the irresponsible plans such as in Harvey’s or Alton’s plans. Illinois needs a totally new… Read more »
Why would the right honorable conservative munis be willing to merge funds with the democrat controlled deadbeat idiots? Next they’ll want to merge obligations and debt.
The proposal to consolidate pension funds is just another example of a band-aid fix that won’t do much to ease the burden of the taxpayer. It makes it looks like the IL pols are serious about turning the state around financially. Reducing inappropriately high salaries, pensions, and health care benefits is the way to turn the state around.