Tag Archives: State Debt

There’s a “Red Menace” Made of Ink, and We’re Drowning In It

The Chicago Tribune has published the story of a family trying to obtain services for their autistic son, who “aged out” of Illinois’ special education system when he turned 22, and was put on the State’s “Prioritization for Urgency of … Continue reading

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Debt Option #1: Front-Loading Pension Payments

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

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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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