Illinois Needs To Have A Scott Walker MomentArchived Message
Posted by Bluangel on July 30, 2015, 7:36 pm
A spending plan passed by the Democrat-dominated legislature was almost $5 billion in the red (out of total expenditures of $34 billion) and bereft of ideas about where the money was going to come from to pay for it. Rauner squashed every word of this abomination with his veto pen — and rightly so.
Years of overspending have many state and city of Chicago bonds selling at junk status. Illinois is now called "the deadbeat state" because it's two to three months behind in paying billions of dollars of bills owed. Former Indiana Gov. Mitch Daniels quips, "Being a neighboring state to Illinois is like living next door to the Simpsons."