Home Illinois News Illinois Deficit Up To $16.7 Billion – WBGZ Illinois Deficit Up To $16.7 Billion - WBGZ March 8, 2017 1 Share on Facebook Tweet on Twitter ShareTwitterEmailPrintGoogleFacebook Read Article Sort by: newest | oldest j.a.herzrentIt’s the old loaves and fishes problem. How to satisfy so many with so few resources. With no miracles in sight, the rule ought to be to distribute the resources fairly (according to need, perhaps). Politicians aren’t very good at that. Most people (my opinion) would prefer need-based allocations for essentials and some graduated basis (based on length of service) for pensions, etc. Some mighty big haircuts are in prospect for the pension spikers and double dippers. To those whose unsustainable expectations can’t be met, issue bearer bonds payable in 25 years or so. The public’s collective judgment on what those bonds are worth would be an… Read more »5 months 11 days ago wpDiscuz Recent Wirepoints Originals Chump Media: Why Sham Votes Happen In Springfield – WP Original August 18, 2017 The Wall Street Journal and FOX Business are among those who botched this one worst. Rahm’s Ramp And The Fate Of Chicago’s Pensions – WP Original August 17, 2017 The can has now been kicked on all four city pensions, as shown on the chart. Plain English Video On Why Phony ‘Balanced’ Budgets Are Key To Our State And Local Fiscal Crises August 16, 2017 If you don't know that state and local budgets are deceitful and nearly meaningless, or you don't know why that's so important to understanding our crisis, spend a few minutes watching the video. Illinois Stumbles Through Fog Towards New School Funding Formula – Wirepoints Original August 14, 2017 We know more now, but distortions abound and key points remain unreported or unknowable. Wirepoints Founder Mark Glennon on WTTW’s Chicago Tonight Discussing Tax Reform – Video – WTTW August 9, 2017 Cook County’s Outrageous Attempt To Charge Plaintiffs $17 Million In Beverage Tax Case – WP Original August 5, 2017 Sanctions against the county's lawyers? Maybe, but without a firm and unequivocal decision against Cook County a dangerous precedent will be set. One Chart Shows Awful Fiscal Trajectory of Chicago Area and Illinois – WP Original July 27, 2017 And here's a promise: The trend will continue. Education Funding Bill is a Monstrosity of Unknown Proportions – Wirepoints Original July 25, 2017 Shame on everybody who has let SB1 get as far along as it has with such little understanding, Republicans and Democrats alike. Rauner’s New Staff, Extremism and the Stockholm Syndrome – Wirepoints Original July 20, 2017 That which can't pass the establishment in the General Assembly and its enablers in the press is "too radical" for Illinois.