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Old 08-29-2015, 08:46 AM
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Default Illinois circling the financial drain?

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Lottery winners donít get largesse, but get left out

Without a state budget agreement two months into the new fiscal year, thereís no authority for the state comptroller to cut checks over $25,000. That means smaller winnings can be paid out, but not the larger lottery wins.
Cash-strapped Illinois: Canít do Ďimpossibleí on payments

The filing by lawyers for the state comptroller and other agencies says the cash-strapped state faces other court orders and that itís trying to comply with them all. But it says the comptroller must evaluate daily how much cash is available and who can be paid.
Illinois doesn't have a budget passed as of yet and IMO this is just a harbinger of things to come.
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Old 09-23-2015, 06:48 PM
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Still no budget and still fighting with AFSCME about contract. Rauner handed Madigan a pretty good defeat regarding the arbitration bill. Still watching with interest.
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Old 01-26-2016, 12:55 PM
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The city of Chicago is falling apart, with the corrupt morons running the city it will never get better. We need change and we need people to back these changes. Every one sitting around complaining about the problems will not solve them. People need to take action and be persistent if they ever want to see change.
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bankrupt, illinois default, illinois economy

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