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
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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.
Can any one in the State of Illinois do math any longer? WAHOO! The all time record return of $200 million for one month on a $43 billion portfolio is supposed to be cause for celebration? We already know that there are not a handful of humans in Springfield that can digest numbers over $100 million. Billions (like in the state budget) are beyond their mental capacity. I guess no one has a calculator to do the rate of return on that whoop- de- do $200 million. Even if they could produce that record monthly return for twelve straight months… Read more »
I’ve said this many times before. When the Fed decided to keep rates artificially low for a decade or so how much money was lost by not getting 4% or so in interest on cash reserves in all of the pension funds. Any cash in banks were a interest free loan to them. That’s why large banks were posting record profits. How much money was lost thru the compounding effect of almost zero% interest for years? Just getting 3 – 4% on cash reserves would increase funding levels at little to no risk. But taxpayers are on the hook nonetheless.