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Illinois Policymaker: "We Are About To Become The Financial Deadbeat Of The Nation"

Illinois Policymaker: "We Are About To Become The Financial Deadbeat Of The Nation"

One week ago, Illinois state comptroller, Susana Mendoza, gave a detailed explanation in her letter to Gov. Rauner and members of the state legislature - two parties that have been locked in a nearly three year long confrontation, preventing them from agreeing on a state budget - explaining why Illinois was on the verge of total collapse.

Are Illinois & Puerto Rico Our Future?

Authored by Patrick Buchanan via Buchanan.org,

If Gov. Bruce Rauner and his legislature in Springfield do not put a budget together by Friday, the Land of Lincoln will be the first state in the Union to see its debt plunge into junk-bond status.

Illinois has $14.5 billion in overdue bills, $130 billion in unfunded pension obligations, and no budget. “We can’t manage our money,” says Rauner. “We’re like a banana republic.”

White House Shrugs Off "Consistently Inaccurate" CBO Score

White House Shrugs Off "Consistently Inaccurate" CBO Score

The White House has released its official statement with regard the CBO score, noting their "consistently inaccurate" and pointing out that "we know the facts."

Following a Tweet right after the release of CBO's official score of the House Healthcare Bill...

The White House issued a full statement on CBO Healthcare Report

The CBO has consistently proven it cannot accurately predict how healthcare legislation will impact insurance coverage.

 

CBO Says 22 Million More Uninsured Under Senate Bill, Premiums Initially 20% Higher Then 30% Lower

CBO Says 22 Million More Uninsured Under Senate Bill, Premiums Initially 20% Higher Then 30% Lower

The CBO has scored the Senate version of the healthcare bill, which was passed by the House as H.R.1628, and found a few more modest improvements relative to its scoring of the Healthcare Bill as of May 24 . Here are the apples to apples comparisons with the last proposed version of the bill:

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