Category Archives: State Government

Debt Option #3: Bankruptcy

BANKRUPT: bank·rupt  /ˈbaNGkˌrəpt/ adjective: bankrupt (of a person or organization) declared in law unable to pay outstanding debts. . By all conventional measures, Illinois is bankrupt. The State Supreme Court would disagree, having said in its decision to strike down … Continue reading

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Governor, Let’s Work Together On Controlling the Cost of Government

In his very first Executive Order, Governor Pritzker instructed that: . “Every State Agency shall, within 60 days of the effective date of this Executive Order, conduct a review of (a) all statutory obligations, and (b) all audit findings within … Continue reading

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Watch Out, Mr. Pritzker. Paying Staff From Your Own Pocket Raises Some Issues.

It’s been reported that J.B. Pritzker is going to double the salaries of his senior staff out of his own pocket. My initial reaction is to say that it’s his money, and if the process is transparent and fully reported, … Continue reading

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What to Do About Illinois’ Debt (And Death is Not an Option)

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

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My New Year’s Wish for Illinois

It’s January 1, and we’re a little over a week from starting a new General Assembly and less than two weeks from swearing in a new Governor. Republicans in Springfield have no choice but to hope that despite being in … Continue reading

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