Once Again, Press Ignores Illinois' Billions in Unpaid Bills in Coveri

March 28th, 2014 10:11 PM
As I noted on Saturday, the idea that a state with about $6 billion in overdue unpaid bills would choose to raise taxes and apply the money to new spending is appalling. But when it comes to describing a state's finances, "appalling" and "Illinois" have belonged in the same sentence for so long, it's hard to remember when that wasn't the case. Part of the reason that such proposals gain…

Chicago Trib 'Forgets' Illinois' Unpaid Bills in Covering Dems' 'Milli

March 22nd, 2014 8:57 PM
I would say "Only in Illinois," but I suspect that other states have similar problems and would propose "solutions" just as nutty as the Democratic state Speaker Michael Madigan and his party have chosen. The state has an unpaid bills backlog of $5.8 billion, meaning that vendors are going months before they get paid. We're supposed to be thrilled that this total is down from $8.8 billion…