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
-- Connecting the dots between our economy, government and business --
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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.
Unbalivably sickening–“In June, the overwhelmed and understaffed agency told a senate oversight panel, in writing, that it moved jobless claims that came through elected officials to “the front of the line” over applications that came directly from taxpayers, the BGA found.”
Articale also states–” Illinois also is planning to issue bonds to borrow more than $5 billion to bail out the IDES Trust Fund, which uses taxes levied from employers to pay out worker benefits claims, records and interviews show.”…SAY WHAT!!!!–if true why isnt this front page news?!?!?!?, –thought back in May illinois was approved for up to $11 billion line of credit from feds to be used for unemployment funds (which would all have to be paid back)
Why isn’t it front news, because all the news stations in Chicago are democratic backed.
IL has a new OS out for a new bond offering, which we will be reviewing today.
Isn’t having to go to the FED lending facility an admission that IL is indeed JUNK? Who would buy the new bonds? Which class of “investors” will finally say, “No.”???
Is issuing $5 billion in bonds to fund unemployment in addition to $11 billion line of credit to fund unemployment from fed illinois got back in may?? ALL OF WHICH WILL HAVE TO BE PAID BACK BY TAXPAYERS!!! Zero reporting in news, SHOCKING!!!