A corrupt failed state
Illinois, political home of record of Barack Obama, and one of the most corrupt states in the country, has an 12.8 billion dollar deficit.
A “civic” group focused on Illinois governmental spending and operations proposes this plan:
- cut spending 2.1 billion
- raise taxes 7.9 billion
- keep spending fixed for a year
I don’t like this plan a lick. They exempt the biggest parts of Illinois budget from cuts – Medicaid and education. And it raises taxes at exactly the wrong time. Finally… here is what happened when they got 2 billion more dollars from the Feds from the “stimulus bill”:
The proposed level of operating appropriations from
all funds in fiscal year 2010 is $52.9 billion, compared
to a fiscal year 2009 appropriation of $50.8 billion
once additional spending related to the federal
recovery is accounted for. This represents an
increase of $2.0 billion over fiscal year 2009, nearly
all of which is accounted for by increased federal
funding related to the Recovery Act.
When they get new money… they SPEND IT.
Ken’s plan???
- 20% across the board cut – this cuts spending $10 billion
- spending kept flat til deficit paid for
I’d also recommend complete replacement of all Illinois politicians with random people chosen from outside Chicago.
What’s missing from Ken’s plan? New money. They don’t need it. They will just waste it if they get it.
BTW: Ken’s plan will work for any state – you listening California?