Lake Erie Conservative

thoughtful discussion(s) about issue(s)

… Illinois does not have a Revenue Problem [#general fund budget]…

Posted by paulfromwloh on Saturday,July 23rd,2016

.. for God ‘ S Sake , it has a spending problem ..

.. you do not cure the ” junkie ” of its habit by increasing taxes and other fees . It just makes the problem worse . The state legislature , The county assemblies , and the cities [espc Chicago] are then encouraged to ramp up spending . Chicago is still doing it . Which is still amazing ..

.. Chicago has its own problem with unpaid bills . The city owes approximately $3 billion in unpaid bills as of the beginning of the last budget year , which started July 1st . But Chicago is cheap in comparison to the state of Illinois . The state ‘ s mess : $ 10 billion ..

.. [h/t —]..
.. [link] to the blog article ..

.. Things have to change . Either they do or the financial markets will make both the city and the state change by rejecting their debt issues ..

.. See how much the people of Chicago and the state of Illinois like then when that happens ..

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