The Volcker Alliance, a non-partisan government watchdog, has issued a new report showing Illinois is at risk of facing a “fiscal cliff” once one-time federal relief funds dry up. That means the state will have to either cut programs or raise revenues to maintain spending that has been enabled by the federal funds, once those funds run out.
They will need to raise revenue. Nobody on either side of the aisle wants to cut spending so you are only left with increased taxes. It’s clearly what the voters want.
The sad reality is there isn’t much budget eligible to cut. Pensions, interest payments and medicaid can’t be cut. This is around half the budget. The other half is comprised of human services which is elderly, youth services, etc, good luck cutting that, these are the Democrat’s primary voters. Then there is education which is politically untenable. That leaves environment left. Blago already gutted the DNR. Our outdoor recreation in IL is terrible. Our facilities are old and small, overused, decrepit. There’s nothing left to cut without massive, massive layoffs statewide in every department. Considering that virtually every state employee… Read more »
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.
Gee, wonder which way they’ll go: raise revenues (more taxes) or cut programs?
Yup, my best guess is raise revenues – works every time.
They will need to raise revenue. Nobody on either side of the aisle wants to cut spending so you are only left with increased taxes. It’s clearly what the voters want.
The sad reality is there isn’t much budget eligible to cut. Pensions, interest payments and medicaid can’t be cut. This is around half the budget. The other half is comprised of human services which is elderly, youth services, etc, good luck cutting that, these are the Democrat’s primary voters. Then there is education which is politically untenable. That leaves environment left. Blago already gutted the DNR. Our outdoor recreation in IL is terrible. Our facilities are old and small, overused, decrepit. There’s nothing left to cut without massive, massive layoffs statewide in every department. Considering that virtually every state employee… Read more »