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Illinois is now as insane as California
bpost
Member Posts: 32,669 ✭✭✭✭
I applaud the (D) party for its consistency! It is utter stupidity but reliably consistent across the (D) party.
Senate Democrats added spending to a budget plan Tuesday to lure more Democratic support before voting to approve a $5.4 billion tax increase without a single Republican "aye."
With eight days remaining before the General Assembly's scheduled May 31 adjournment, Democrats said they couldn't wait any longer to approve a plan and give the House time to weigh in. Approving a budget after that date would require a three-fifths majority.
Illinois has been without a budget since summer 2015. It's the longest any state has gone without an annual spending plan in modern history. The fiscal year will end June 30 with a deficit pushing $6 billion. The state was behind on paying $14.4 billion in bills as of Tuesday.
A fiscal outline influenced by Republicans failed to attract a single GOP vote last week. So Democrats decided to go it alone and replaced previous spending cuts on Medicaid, retiree health insurance and revenue sharing for local governments. They approved increasing the personal income tax rate from 3.75 percent to 4.95 percent and passed a $37.3 billion spending plan, which they noted is the same amount Rauner proposed in February while still reducing spending by $3 billion.
http://www.miamiherald.com/news/business/article152079777.html
Senate Democrats added spending to a budget plan Tuesday to lure more Democratic support before voting to approve a $5.4 billion tax increase without a single Republican "aye."
With eight days remaining before the General Assembly's scheduled May 31 adjournment, Democrats said they couldn't wait any longer to approve a plan and give the House time to weigh in. Approving a budget after that date would require a three-fifths majority.
Illinois has been without a budget since summer 2015. It's the longest any state has gone without an annual spending plan in modern history. The fiscal year will end June 30 with a deficit pushing $6 billion. The state was behind on paying $14.4 billion in bills as of Tuesday.
A fiscal outline influenced by Republicans failed to attract a single GOP vote last week. So Democrats decided to go it alone and replaced previous spending cuts on Medicaid, retiree health insurance and revenue sharing for local governments. They approved increasing the personal income tax rate from 3.75 percent to 4.95 percent and passed a $37.3 billion spending plan, which they noted is the same amount Rauner proposed in February while still reducing spending by $3 billion.
http://www.miamiherald.com/news/business/article152079777.html
Comments
Just one more reason I moved away from Illinazi !!!!
Thanks !!!
I Grew Old Too Fast (And Smart Too damn Slow !!!) !!!
A 32% increase in the income tax!
Yea, that's the tip of the huge iceberg.. They are putting taxes on about everything the they can come up with while the freeloaders sit high and dry.
What if TRUMP wasn't elected President ? The U.S. would be in deep ****.
Nearly 1 million illegal crossings in 2016
So there you have it. For the first time ever, a true picture of the total number of illegal immigrants coming across the border ? more than 800,000 in one year. And even that doesn?t include the number of immigrants who overstay their visas after legally entering the country.
http://stateofthenation2012.com/?p=52796
I've read the number that overstayed visas was 750,000. It all adds up.
And fiery auto crashes
Some will die in hot pursuit
While sifting through my ashes
Some will fall in love with life
And drink it from a fountain
That is pouring like an avalanche
Coming down the mountain
The state's pension funds are under funded by 130 billion dollars. Rod Blagojevich was the first to raid the pension funds. Bankruptcy and dump the pensions is a real option
Even with the big tax increase, Democrats still can't pass a balanced budget.