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Official Warns Illinois Finances
In ´Massive Crisis Mode´

Associated Press, by Sara Burnett

Original Article

Posted By:ida lou pino, 6/17/2017 1:01:21 PM

The Illinois official responsible for paying the state´s bills is warning that new court orders mean her office must pay out more each month than Illinois receives in revenue. Comptroller Susana Mendoza must prioritize what gets paid as Illinois nears its third year without a state budget. A mix of state law, court orders and pressure from credit rating agencies requires some items be paid first. Those include debt and pension payments, state worker paychecks and some school funding. Mendoza says a recent court order regarding money owed for Medicaid bills means mandated payments will eat up 100 percent of

Comments:
OK, folks - - it´s time to stop kidding around. We´ve all got to dig down - - dig down deep - - and give until it hurts. We´ve GOT to save Illinois!

      


Post Reply  

Reply 1 - Posted by: bhkat, 6/17/2017 1:15:38 PM     (No. 11289576)

Ha ha ha ha ha ha ha. This is what happens when you let democrats run things.

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Reply 2 - Posted by: Cat Ballou, 6/17/2017 1:27:04 PM     (No. 11289587)

Elections have consequences as Illinois is finding out. California isn´t far behind. Hopefully the federal government stays out of it and let´s the chips fall where they may.

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Reply 3 - Posted by: Shadow722, 6/17/2017 1:28:28 PM     (No. 11289588)

I´ve got one word for Illinois and it rhymes with Duck....


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Reply 4 - Posted by: JediJerry, 6/17/2017 1:31:54 PM     (No. 11289594)

The only solution is to increase sales taxes, gas taxes, property taxes, income taxes, payroll taxes, internet and satellite tv taxes, vehicle registration fees, deposit fees on aluminum cans and plastic bottles, professional license fees, building permit fees, the list could go on ad infinitum. Never ever think about cutting spending by slowing the rate of growth of the state budget. If you do that, then children, old people and the poor will die by the millions. When all else fails just ask the Federal Government for a bail out.

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Reply 5 - Posted by: hotcorner, 6/17/2017 1:49:46 PM     (No. 11289611)

State pensioners make too much money. There are too many state employees making too much money. Years and years of democrats stealing public funds and filling their pockets. Don´t bail them out - the only way out is bankruptcy and dumping all Democrat politicians.

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Reply 6 - Posted by: voxpopuli, 6/17/2017 2:16:59 PM     (No. 11289629)

couldn´t they all just move to Puerto Rico?

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Reply 7 - Posted by: oldbuffalo, 6/17/2017 2:31:08 PM     (No. 11289639)

I like Insty´s idea. If they go bankrupt, move ´em back to territory status, take their Senators and Reps away and make them re-apply once they get their house in order.

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Reply 8 - Posted by: Calico Al, 6/17/2017 2:34:10 PM     (No. 11289646)

When you have a state or city that is controlled by dems for many years and can´t pay its bill because of money wasting projects, the people who voted them should be the ones who are taxed.

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Reply 9 - Posted by: KanCreeper, 6/17/2017 2:43:01 PM     (No. 11289651)

One area they Could look at is their State Pension Plan and its funds....For years the Ill Pols have allowed the " Wage/Benefit Contract Negotiations" to pretty much go the way the Unions wanted them to...Illinois Pols just chalked it up to ´buying votes´ to be re-elected...
WELL, Now the Revenue Stream is drying up...THE "State MACHINE" has run out of grease. So here they are, Just Like Detoilet,Mi.Puerto Rico, and the "Too Big to Fail Banks. While the Repubie´s hold the ´KEYS´ to the Treasury, The Folks the Dimms do not want to work with... What cha gonna do now Mr. Democrat, ´Minority-Leader, Shoomer? Hat in Hand? Better pucker up, Chuckles & Co. Suck it up and ask the Trump Admin for Charity....

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Reply 10 - Posted by: jeffkinnh, 6/17/2017 3:17:08 PM     (No. 11289668)

And Illinois proudly cast their 20 electoral votes for Hillary Clintoon.

Ha Ha Ha Ha Ha!

Illinois, land of BO and the broken Chicago Machine.

Another progressive state driving itself into unsustainability with their "principles", aka payoffs to their political friends. It´s tough now that BO´s federal slops piggy bank has dried up.

Let´s watch as a court manager takes over the state and deals with its insolvency by erasing pensions to unions and unrealistic paychecks to state workers.

But most important, NO federal bailouts. Maybe they can go live with Hillary.

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Reply 11 - Posted by: fayebeck, 6/17/2017 3:28:33 PM     (No. 11289679)

It isn´t just democrat pensioners. I haven´t noticed any republican cops or firemen suggesting any cuts in their pensions. Haven´t heard any old folks suggesting any cuts to their social security stuff. Never will.

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Reply 12 - Posted by: shamus, 6/17/2017 3:31:27 PM     (No. 11289681)

A trillion dollar bailout should cover it.

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Reply 13 - Posted by: enemyofthestate, 6/17/2017 3:56:51 PM     (No. 11289698)

Illinois runs out of other people´s money. Ha, ha, ha. Next stop, a federal bailout, or an attempt at it.

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Reply 14 - Posted by: Sandbar, 6/17/2017 4:09:28 PM     (No. 11289702)

I was raised in Illinois and still have family there. Some are strong union democrats and they blame the republican governor for the current crisis. Both houses of the state legislature have been under democrat control since 2002 but it´s all the governor´s fault.

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Reply 15 - Posted by: watashiyo, 6/17/2017 4:22:03 PM     (No. 11289709)

A quarter to use the public toilet. A quarter for toilet papers. That´ll resolve the deficit.

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Reply 16 - Posted by: pilot222, 6/17/2017 4:32:22 PM     (No. 11289717)

If someone thinks that because there is a R after the govermors name makes him a consevative just look at Maryland. He has a R too but he threw Trump under the bus. A real RHINO Sorry Illinois, try another line of BS. I do feel for the average workers whose taxes have to support these roids of government workers and their pensions.

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Reply 17 - Posted by: Vaquero45, 6/17/2017 4:49:58 PM     (No. 11289732)

I was born in Illinois in the late 1940´s and grew up there. Democrats have run that place for at least that long, and they´ve finally run it into the ground. Illinois is hemorrhaging money and population. It won´t be long now...

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Reply 18 - Posted by: chicodon, 6/17/2017 5:01:21 PM     (No. 11289741)

Margaret Thatcher — ´The problem with socialism is that you eventually run out of other people´s money.´

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Reply 19 - Posted by: stablemoney, 6/17/2017 5:25:40 PM     (No. 11289752)

The Democrats, as they always do, paid themselves very generously, but not with taxes, by borrowing. The taxpayers would never agree to higher taxes, and would vote the Democrats out of office, so the Democrats borrow it. Eventually the lenders notice, with rising anxieties, that the Democrats do not pay anything back--ever, but instead roll it over. So lenders become reluctant, but the bills continue to rise, and Democrats must finally come to raising taxes, declaring bankruptcy, or getting the Federal government, us, to pay for it, which is likely, unfortunately. I hope Trump says No.

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Reply 20 - Posted by: droopydog, 6/17/2017 6:01:48 PM     (No. 11289792)

Angry, bankrupt, blood literally running in the streets--it´s the Dem way!

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Reply 21 - Posted by: snakeoil, 6/17/2017 7:08:10 PM     (No. 11289831)

Well I certainly hope they don´t have to charge admission to The Bampøt Hussein ØBungle Library and Teleprompter Paradise. Or deny Food Stamps to illegal aliens. If it weren´t for Chicago it might be a halfway decent place. Time for the Cubs, Bears, and White Socks to move to Texas.

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Reply 22 - Posted by: JansGraphix, 6/17/2017 7:17:55 PM     (No. 11289842)

Just like Greece, no matter how many times you bail out Illinois, it will not make any difference until you change the government. Greece needs to change from a socialist govt. In this case, Illinois needs to throw out the demonrats.

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Reply 23 - Posted by: mrduc, 6/17/2017 8:24:05 PM     (No. 11289879)

Connecticut mirrors Illinois. Two peas in a pod. Borrowing to keep their union buddies happy. That´s why we moved away three years ago. Let the fools who keep voting in donk crooks pay for their stupidity. Let them crash and burn.

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Reply 24 - Posted by: qr4j, 6/17/2017 9:09:34 PM     (No. 11289907)

Mike Madigan has been Speaker of the Illinois House of Representatives for 30 years. He´s a tax-borrow-and-spend Democrat. The Dems have gerrymandered the districts so that it is nearly impossible to have a Republican majority in the House or Senate.

Bruce Rauner has been gov for two years. The Republican gov has refused to go along with tax increases without fundamental reforms.

So the Dems sit there ... pooping their political diapers while the gov is trying to be the adult in the room.

Mike Madigan should be in jail. Did you know his daughter is Illinois Attorney General? Talk about corruption!!!

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Reply 25 - Posted by: qr4j, 6/17/2017 9:12:04 PM     (No. 11289908)

If it ain´t broke, it must not be Illinois!

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Reply 26 - Posted by: hotcorner, 6/17/2017 9:44:07 PM     (No. 11289932)

Ban public sector unions in every state and the Federal Government. Presto - fiscal sanity.

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Reply 27 - Posted by: JimBob, 6/18/2017 12:57:26 AM     (No. 11290020)

Calling the Mayor of Chicago!
Calling the Mayor of Chicago!
Hey Rahm, remember when you said "Never Let A Crisis Go To Waste"?
Well, HERE´S ONE FOR YA!

Good Luck!

/s

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Reply 28 - Posted by: Ronaldus Magnus, 6/18/2017 2:56:48 AM     (No. 11290057)

If it´s a Clinton or Obambi judge, the next step will be to order the printing of money. Who cares if the Constitution prohibits States from printing money. The Constitution was written by a bunch of evil white men. The Constitution, according to Obambi and company, is a list of negative rights, so printing money will just be another avenue of reparations and redistribution.
Creepozoids All.

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