Wirepoints
Recent News About Wirepoints
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State facing huge debt for public-sector retiree health benefits, says Wirepoints
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.
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Wirepoints: Illinois Adjusts Course Directly Into The Abyss
How much closer to Detroit or Puerto Rico must Illinois go before it reforms?
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Dabrowski: School funding formula fails to reform, will lead to tax increases
Ted Dabrowski predicts you haven’t heard the last about the new school funding formula that critics charge was written by unions as a way of getting their hands on more state tax dollars.
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Retirement plans at root of pension, tax crisis in Illinois, report says
Illinois taxpayers today owe billions toward the state’s unfunded pension liabilities, according to a report from the economics website Wirepoints.com
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Dabrowski: Magicians: How Illinois politicians made $1.2 billion in budget deficits disappear
If you want to understand Illinois’ corrupt budget making process, take the example of how the legislature just “cleaned up” some of its unaccounted-for budget deficits.
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Wirepoints founder thinks pension bonds won't fix Streator's problem
The founder of Wirepoints believes issuing bonds to pay toward pensions won't fix the problem Streator is having for fire and police retirees.
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Wirepoints founder says BGA assessment of why residents are leaving Illinois distorts data
While Better Government Association (BGA), a nonpartisan watchdog group in Illinois, says residents are leaving the state for reasons other than taxes, Wirepoints calls the data distorted.
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Report shows major issues with where education funding is going in Illinois
Illinois spends more than any other state in the Midwest on education, according to a report by Wirepoints.
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Population falling, but Illinois government leaders agree to spend, borrow more
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.
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Advocate for higher taxes using numbers that are nonsense, Wirepoints founder says
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.
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Mendoza's reduced bill backlog claim is 'nonsense,' expert says
Illinois Comptroller Susana Mendoza is misleading the public by claiming that having a state budget in place has allowed Illinois to reduce its backlog of bills, fiscal experts say.
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Illinois' net worth takes a $9.9 billion hit
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.
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Gubernatorial candidates hurling insults instead of addressing 10 trends driving Illinois towards insolvency
With Illinois’ decline in full display for the nation to see, proposals for fiscal and spending reforms should dominate the campaign and political landscape. After all, virtually every budget and economic trend in Illinois is pointing towards insolvency sometime in the near future.
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Rauner's attacks on Ives undermines his credibility, Wirepoints founder says
Gov. Bruce Rauner's decision to go on the offensive and attack Rep. Jeanne Ives (R-Wheaton), his challenger in the March 20 Republican primary, shows little regard for the truth and insults the intelligence of voters, the founder of an online news outlet said during a recent interview.
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As Springfield looks to hoist more pension debt on taxpayers, study says they have paid enough
Just halfway through the budget year, state lawmakers are already in a desperate search for new sources of revenue.
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Little noticed 'racial bias' teacher training law seen as another unfunded mandate
Back in June, Gov. Bruce Rauner signed legislation, with no fanfare, that requires “implicit racial bias” training for public school teachers during in-service days.
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Wirepoints president says 'bloated public sector' part of blame for high property taxes
Ted Dabrowski points to what’s happening in the suburb of Schaumburg as Exhibit A in his argument over why property taxes are becoming higher and higher for many suburban residents.
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Ives cites culture surrounding 'phony property tax freeze' in her decision to run for governor
State Rep. Jeanne Ives (R-Wheaton) is running for governor, and a recent House vote on legislation that was sold as a freeze on property taxes, but what fiscal experts say was little more than a ruse, is a symptom of the reason why.
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Analysis shows loopholes abound to get around property tax freezes
A fast-moving bill to freeze property taxes in Cook and adjacent counties for two years isn’t nearly as bad as it sounds for tax-hungry local governments nor as good as it sounds for tax-weary homeowners, fiscal analysts say.
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Dabrowski looks to lead Wirepoints, help Illinoisans force change
Ted Dabrowski has been named president of Wirepoints as the online news service looks to branch out in content and readership.