Years of unbalanced budgets, unpaid bills, pension shortfalls and a collapse in manufacturing jobs are among 20 "facts" that Democrat Gov. J.B. Pritzker doesn't want "ordinary Illinoisans" to know, an online news service said earlier this week.
According to the latest U.S. Census Bureau data, at least 1.5 million residents have fled Illinois since the start of the new millennium, and Wirepoints website places the bulk of the blame squarely on the state’s “lethal combination of rising property taxes and stagnant incomes.”
Ted Dabrowski, president of the website Wirepoints, says Gov. J.B. Pritzker's first act as governor of Illinois confirms what Wirepoints predicted before he took office: He will not keep promises he made while campaigning.
Illinois's "other debt disaster" is $73 billion in unfunded state retiree health insurance benefits and more than twice that amount owed over the next four decades, according to a special report issued this week by an online news outlet.
Illinois state government leaders say they will spend a record $38.5 billion and borrow an estimated $11.5 billion over the next year, according to a fiscal year 2019 budget plan approved by Gov. Bruce Rauner.
An online news outlet's founder said he became ill when he heard an interview in which the Center for Tax and Budget Accountability's director advocated higher taxes in Chicago and Illinois to deal with the ongoing state and local pension crises.
The state of Illinois lost $9.9 billion in net worth in 2017, dropping its “total primary government net position” to negative $137 billion, according to the state’s newly released Comprehensive Annual Financial Report for fiscal year 2017.