Thursday, June 27, 2019

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Illinois’ rich millennials are moving to other states – IL Policy

SmartAsset recently looked at population shifts for those younger than 35 with adjusted gross incomes of at least $100,000, and found Illinois was losing these successful young adults at a faster pace than every other state except New York. The referenced survey is linked here.

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Recent Wirepoints Originals

Illinois State Rep. Guzzardi wants you to pay for his Brown University bills

State Rep. Will Guzzardi wants the government to pay off his and all other student loans debts. What he's really asking is for taxpayers to pay for universities' bloated administrations and outrageously compensated bureaucrats. Even the Senate Democratic Caucus agrees that Illinois higher education needs reform.

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“Wealthy” Chicago households on the hook for up to $2 million in debt each under progressive approach to pension crisis 

The total amount of city, county and state retirement debt Chicagoans are on the hook for is $150 billion. That's nearly $145,000 per household. Most can’t afford to pay that debt. If politicians put the burden only households earning $200,000 or more, those Chicagoans will be on the hook for more than $2 million in government retirement debts each.  

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Rationale For Politically Discriminatory Capital Spending Allocation Admitted: They felt like it. – Quicktake

Unprecedented and brazen political discrimination. If you don't like it, tough.

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Rank Dishonesty on Pensions From AFSME’s Executive Director

Our pension hole is already impossibly deep, but it deepens every day thanks, in part, to shameless dishonesty spread by public unions.

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“Households in Chicago owe $150,000 in retirement debt. That’s an impossible number to pay off” – Ted on WJPF

Ted told WJPF all about how much retirement debt Illinois households are really on the hook for: downstate households owe $75,000 and Chicago households owe nearly $150,000. Those are impossible numbers for Illinoisans to pay.

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