Ted joined Shaun Thompson to talk about about the Chicago Teachers Union’s absurd new contract demands, why so many Chicago teachers are chronically absent, and Brandon Johnson’s failed first year as mayor.
What a representation of Chicago’s plight.
The bill passed despite their votes in response to certain incidents where local prosecutors are thought to have been too lenient with non-citizens assaulting cops.
The Wall Street Journal Editorial Board cited Wirepoints’ analysis of Chicago student proficiency data in their latest piece condemning the Chicago Teachers Union’s outrageous contract demands…all while a vast majority of Chicago’s children graduate unable to read at grade level.
Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
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All these years, no one once thought of indexing the interest penalty rate against the current rate?! In 1993, the year this was enacted, the 10-year Treasury rate was over 6%. In the years prior, it was 7-8%. So maybe in 1993, a 12% rate made sense. But the 10-yr rate hasn’t been over 4% since 2008. This rate hasn’t made sense for multiple governors. Mendoza should’ve been lobbying to change the law. What has she been doing all this time? Mendoza was referring to a 1993 law known as the Prompt Payment Act, which says that whenever the state fails… Read more »
Due to government malfeasance, ineptitude and corruption the state spends more than it takes in. The state government then finances this on the back of vendors performing services under contract by not paying their bills in a responsible timely manner. One example was health care premiums and payments. Delaying premium payments to insurers and professional payments to providers has costs ….to those taxpayers operating this businesses . They have to borrow money against their state debt which shifts the interest payments to the “taxpayer”. On top of that when cash becomes available to payoff the debt they pay the interest… Read more »