Illinois Governor Pritzker makes $2 billion Thanksgiving Eve announcement – Truth in Accounting

"(I)t appears the State of Illinois was paying down its bill backlog in June with the proceeds of a loan denied to entities 'failing to pay undisputed debts as they become due.' Will Governor Pritzker sign a similar certification letter if and when the latest loan is finalized?"
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Fed up neighbor
5 years ago

Ok who’s lying, bill backlog was 6 billion then it went down to 2 billion in June after the 1.2 billion was secured thru lies by Pritzker now 5 months later it’s back up to 7 billion, something smells very very fishy here the math just doesn’t add up, Pritzker needs to be investigated somebody is sure pulling the wool over somebody.

Last edited 5 years ago by Fed up neighbor
NoHope4Illinois
5 years ago

So who is watching the Fed? It seems the MLF loan request by Illinois should be denied by the Fed as it doesn’t meet their guidelines.

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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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