Governor JB Pritzker certifies that the State of Illinois is ‘not insolvent’ – Truth in Accounting

"For the purposes of this certification, a person or entity is “insolvent” if it is in bankruptcy or any other Federal or State insolvency proceeding (as defined in paragraph B(ii) of Section 13(3) of the Act), or if the person or entity was generally failing to pay undisputed debts as they become due during the 90 days preceding the date of borrowing under the Facility."
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LunaticFringe
5 years ago

It clearly demonstrates the value of the man’s Word.

Rick
5 years ago

And in Illinois Pritzker can find a CPA or actuary under any rock to to back him.

Fur
5 years ago

I guess some things in Illinois can still be mildly shocking.

Bob Out of Here
5 years ago

Liar, liar, pants on fire.

Governor of Alderaan
5 years ago

Get the handcuffs, the Dictator just committed fraud!

Fed up neighbor
5 years ago

This man is a fools fool

anonymous
5 years ago

Does he walk around with his eyes closed all day and cotton in his ears –so he can hear nothing or see nothing?

Tom Paine's Ghost
5 years ago

Can Prtizker be held personally liable for this blatant lie? Can defrauded investors claw back money personally from Pritzker’s billions for this illegal deception? Can Pritzker be sent to prison for this criminal act? Can individual Illinois citizens sue Pritzker for this fabrication and his complicity in Illinois looming financial collapse?

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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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