Posted on 04/19/2022 11:19:56 AM PDT by ChicagoConservative27
Gov. J.B. Pritzker signed a $46.5 billion budget Tuesday morning that includes $1.8 billion in election-year tax relief and a $1 billion deposit into the state's rainy day fund.
“The budget I’m signing into law today brings real improvements to the lives of working families and sets us up for a stronger fiscal future,” Pritzker said in a statement. “Investments in stronger schools, modernized airports and newly paved highways, hundreds of thousands of well-paying infrastructure jobs, and a better funded pension system… these are the kind of priorities we can invest in when our state is governed responsibly.”
(Excerpt) Read more at nbcchicago.com ...
A bankrupt state borrows $1-billion to deposit in a ‘rainy day fund’ ?
insanity.
Their tax base is leaving in droves.
This is all COVID money that Pritzker is spreading around and making it look like magic money. Civilians went to jail for spending PPP loans n something else, and this guy takes credit for doing the same thing.
O-ooh it’s magic.
I have yet to see any of that gas tax money working on any roads around my area
“a stronger fiscal future”
Translation: Illinois will now go bankrupt 1 day after Pritzker leaves office, instead of during his term.
“Civilians went to jail for spending PPP loans n something else...”
Well, you can’t jail a state. What’s the federal government going to do? Add it to the amount of money that Illinois owes them that it will never be able to payback?
We in IL are in good shape. Our Dem state rep bragged that for very one dollar raised in revenue they can borrow 7 dollars. He talked like it was financial security.
Democrat ACCOUNTING methods...
That is where all the ‘Covid relieve’ money went, payoffs to demonrat states.
They will dole it out to buy votes, and red state voters get stuck with the bill.
Probably not borrowing that right now - I think they are funding that appropriation from the Federal infrastructure money.
Really, sometimes, I want to throw sh!t at the wall. Illinois is run by idiots, elected by gullibles. I can’t believe Reagan was born here. He must be spinning in his grave.
And yet, I still can’t put away enough money to leave, and I’ve been trying for more than a decade. I’d try GiveSendGo, but I think everyone is hurting a little too much to be donating to stuff like that.
I would LOVE to leave Illinois, but family is too close by. I would love to move to Wisconsin.
Never thought I would say that…
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.