The Village of Homer Glen, is a 10 year old town with a conservative Mayor and a liberal board. This keeps the Mayor on his toes. Despite the board wanting to spend because they can, the Village is still in the black thanks to Conservative Mayor Jim Daley. The State of Illinois is very different. There is no input from the Republicans as to anything unless the Demoracts allow it. The Democrats in Illinois controll the Governors Office and Both branches of the Legislature. Cook County is dominating the rest of the state with liberal currupt bloated big government policies. Sadly, some Republicans vote with the Democrats. If Republicans don’t hold true to conservative principals and join in with the liberals, we need to make suren they get a primary opponent that can win. Any elected official that votes higher taxes to pay for inappropiate spending is violationg the Oath to serve and protect the State of Illinois. Quinn, claimed Brady was going to eliminate the unions, causing out of work union workers to hit the streets a week before the election. Quin, never explained the unfunded liability in our State which is one of the many issues driving us down the road of total collapse. Republicans need to make sure the public knows they disagree with more taxes, more regulations, and demand publically cuts in spending. Republicans need to hold firm!
60 Minutes’ examines state finances
On Sunday, Dec. 19, the CBS News Program “60 Minutes” highlighted the looming budget crises facing Illinois and many other state and local governments, in a segment called “State Budgets: Day of Reckoning.”
Like Illinois, many other states are facing massive deficits as spending continues to outpace revenues, in what financial analyst Meredith Whitney deemed the single most important issue in the United States and the largest threat to the U.S. economy, next to the housing crisis.
Illinois’ budget crisis was featured in the segment, which emphasized the severity of the financial woes in the Land of Lincoln. With the state five billion dollars in debt and six months behind on paying its bills, when interviewed, Illinois Comptroller Dan Hynes admitted that Illinois has come to be known as a “deadbeat state.” The Comptroller noted the state’s reputation was not earned overnight; as the broadcast pointed out—Illinois “spends twice as much as it collects in taxes.”
Watch the video here. The discussion of Illinois’ financial condition begins at about the 3:30 mark on the video.