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Category Archives: State Government
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
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
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
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