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Category Archives: Cost of Government
The previous post dealt with a proposal to address the issue of our debt, laying out a “front-loaded” increase in payments to our pension debt so as to avoid ever-increasing payments due in future years. That post was written under … Continue reading
Long before I was elected to the House, I’ve been talking about Illinois’ pension crisis (here, here, here and here, to name a few). Since that time, our accumulated pension debt has risen from “just” over $100 billion to somewhere … Continue reading
With more than $7 billion of unpaid bills and (depending on who you ask) $130-$200 billion in unfunded pension liabilities, a credit rating hovering just above “junk” status and people and businesses fleeing in droves, there are no easy answers … Continue reading
McHenry County Board Chairman Jack Franks is on record as supporting Representative David McSweeney’s Township consolidation bill (H.B. 4637), saying that “We want to be a laboratory for the state.” This may make for a good sound bite, but in … Continue reading
In my last post, I said that the pension cost shift that the Governor proposed in his budget address is nothing but an attempt to balance the State’s budget on the backs of property taxpayers, and that I would not … Continue reading