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Leftist governance: Having now gone three years without an official budget and having expenses exceeding revenues by large amounts on a monthly basis, Illinois now faces a budget collapse.
A mix of state law, court orders and pressure from credit rating agencies requires some items be paid first. Those include debt and pension payments, state worker paychecks and some school funding. Mendoza says a recent court order regarding money owed for Medicaid bills means mandated payments will eat up 100 percent of Illinois’ monthly revenue.
There would be no money left for so-called “discretionary” spending – a category that in Illinois includes school buses, domestic violence shelters and some ambulance services
More here. Essentially, this state, run for decades by Democrats (and Republican helpers) and their union buddies, has unfunded pension liabilities that make it impossible to pay its real bills. I saw this happen in New York City in the 1970s, after almost a century of one-party Democratic rule. Watch it happen again here, as well as in California and several other radicalized blue states. They have decided to go full socialist, and as such are guaranteed societal failure.