commentary breaking news top stories world news politics headlines conservative news liberal news fox news fake news economic news socio political government news updates political blogs editorials illegal immigrant racism terrorism Trump Obama Clinton Mueller investigation dossier Russia China Congress scandal Sessions FBI NSA CIA intelligence science news election news worldwide news sociopolitical journal
theodore M I R A L D I mpa ... editor, publisher, writer
Saturday, June 17, 2017
ILLINOIS Finances in 'MASSIVE CRISIS Mode'
SARA BURNETT Associated Press
CHICAGO (AP) -- The Illinois official responsible for paying the state's bills is warning that new court orders mean her office must pay out more each month than Illinois receives in revenue.
Comptroller Susana Mendoza must prioritize what gets paid as Illinois nears its third year without a state budget .
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.