"The problem, of course, is the cost, pegged at about $300 million per year. As I’ve told you before, numbers crunchers with the Governor’s Office of Management and Budget are saying Illinois could face a budget deficit of $891 million next fiscal year, which begins July 1. That deficit could rise to $1.4 billion in fiscal year 2026 and $1.66 billion in FY27. But this issue has real potential to take off in the General Assembly."
It astounds me that anyone pays Rich Miller actual money to write anything. Any revenue beyond his Capital Fax echo chamber is proof that ‘journalism’ is dead and that Miller is the poster child of Pravda Propaganda Bias.
debtsor
2 years ago
IRONICALLY THE MONEY IS ALREADY IN MY POCKET. THE State steals it out of my paycheck and then ‘credits’ it back to me as a favor. That’s where the money is. In my pocket.
Holy cow, somebody actually asked “But where’s the money?’
Riverbender
2 years ago
An interesting comment in Miller’s article is the mention of “possibility for another spending ramp” as it regards to education. Now that is a novel idea. Edgar’s ramp gave us the pension mess we have today and now an education funding ramp? Pritzker is passionate about funding the illegal immigrants but would he go so far as to even consider ramp type gimmickry? Perhaps more importantly, should a ramp be enacted, would the voters be outraged enough to show their anger at the polls?
That’s exactly what Illinois “evidence-used school spending formula” is a ramp-up for demands for new money based on ” inadequate funding.” And it’s essentially permanent because it will never be met.
Neat trick to hand out vote buying goodies today with the bills dropped onto the laps of future generations that, as you say, will never be repaid but will generate future exponentially expanding liabilities upon the taxpayers.
Pretty much all the agenda of today’s progressives is vote buying, when you think about it, and not genuine empowerment.
Ex Illini
2 years ago
A state that is slashing funding for vulnerable disabled legal residents so it can fund illegal immigrants thinks it can afford $300 million every year in tax credits? I’d like to know how this gets funded too.
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.
It astounds me that anyone pays Rich Miller actual money to write anything. Any revenue beyond his Capital Fax echo chamber is proof that ‘journalism’ is dead and that Miller is the poster child of Pravda Propaganda Bias.
IRONICALLY THE MONEY IS ALREADY IN MY POCKET. THE State steals it out of my paycheck and then ‘credits’ it back to me as a favor. That’s where the money is. In my pocket.
Holy cow, somebody actually asked “But where’s the money?’
An interesting comment in Miller’s article is the mention of “possibility for another spending ramp” as it regards to education. Now that is a novel idea. Edgar’s ramp gave us the pension mess we have today and now an education funding ramp? Pritzker is passionate about funding the illegal immigrants but would he go so far as to even consider ramp type gimmickry? Perhaps more importantly, should a ramp be enacted, would the voters be outraged enough to show their anger at the polls?
That’s exactly what Illinois “evidence-used school spending formula” is a ramp-up for demands for new money based on ” inadequate funding.” And it’s essentially permanent because it will never be met.
Neat trick to hand out vote buying goodies today with the bills dropped onto the laps of future generations that, as you say, will never be repaid but will generate future exponentially expanding liabilities upon the taxpayers.
Pretty much all the agenda of today’s progressives is vote buying, when you think about it, and not genuine empowerment.
A state that is slashing funding for vulnerable disabled legal residents so it can fund illegal immigrants thinks it can afford $300 million every year in tax credits? I’d like to know how this gets funded too.