Illinois Budget Plan Needs $6B in Federal Aid to Balance – Associated Press

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debtsor
3 years ago

Just Crazy that every other state is cutting their budget and IL is increasing theirs. Even CA is cutting 10% of salaries. But IL? No way! Nothing has changed, nothing.

“That’s when the state’s primary revenue sources — individual and corporate income taxes and retail sales taxes — began an estimated $3.8 billion nosedive.”

That ‘nose dive’ hasn’t even stopped and keeps increasing in speed. $3.8B is a major underestimate. Then they will say “we never saw this coming!”

MikeH
3 years ago
Reply to  debtsor

“We had a balanced budget before this crisis…”

Bill
3 years ago

Hey J. Beluga!!

Better open up real soon or you are in bankruptcy…

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