California withholds legislator pay until budget fixed!
I was absolutely certain that there was insufficient moral courage in the California state government to actually make stick the new rule that if California legislators don’t produce a balanced budget on time every year, then California legislators don’t get paid until they actually do produce a budget. That’s probably because I’m a bit cynical when it comes to political foxes and fiscal hen-houses, particularly | Read More »
The City of Chicago government will be closed today for lack of funds.
No, really. If you planned to check out a library book, visit a city clinic or have your garbage picked up on Monday, you’re out of luck. The City of Chicago is basically closed for business on Aug. 17, a reduced-service day in which most city employees are off without pay. City Hall, public libraries, health clinics and most city offices will be closed. They | Read More »
Illinois state tax increases killed.
Amazing what a little fiscal intransigence can do: The Illinois House overwhelmingly rejected a temporary income tax increase Sunday, moving the state closer to massive spending cuts that critics called a “doomsday” budget. The House’s Democratic leaders didn’t even try to pass a larger, permanent increase that was approved by the state Senate a day earlier. Lawmakers said there was little support for that plan | Read More »