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Conservatives...IL joins CA in not being able to pay it's bills - what are some things they should cut?
For the last few years, California stood more or less unchallenged as a symbol of the fiscal collapse of states during the recession. Now Illinois has shouldered to the fore, as its dysfunctional political class refuses to pay the state’s bills and refuses to take the painful steps — cuts and tax increases — to close a deficit of at least $12 billion, equal to nearly half the state’s budget.
Then there is the spectacularly mismanaged pension system, which is at least 50 percent underfunded and, analysts warn, could push Illinois into insolvency if the economy fails to pick up.
- ?Lv 71 decade agoFavorite Answer
IL and CA are not the only states having financial woes. My state is struggling to keep it's credit rating and losing the battle. Although the budgets for each state will vary in their percentages spent on each initiative, using my state for an example, we spend 43% of our taxes on the Dept of Human Services and 41% on the Dept of Education. That leaves 16% to maintain the infrastructure and pay for the services of all other agencies. Starting with the educational department, many of the programs are proven failures that should be scrubbed while the welfare department is even worse in waste and fraud. Our highways are in poor repair and rough. Many of them are patches heaped on patches. Without a good infrastructure, commerce will not improve or increase.
If the two most expensive agencies were to be brought back in line, the state could reduce taxes, improve the infrastructure and still pay their bills. Neither should cost more than 22% of the entire budget. That would still reach 44% of the budget for them to waste.
I am sure that this is somewhat the same with the other states that are in trouble. Reduce spending on entitlements and failed educational initiates that do not work. If each were cut in half, that would be more than enough to fulfill the real requirements of each agency.
- Anonymous1 decade ago
What is the major cause of all the States governments money problems are the liberal pay n pensions of the union employees .Till that is addressed there will be no solution.A wage an pension freeze of 3 years and a less generous compensation package for new hires along with the privatization of as many services as possible.
- ?Lv 61 decade ago
Three strikes you're out with drug use and Welfare.
Cut the fancy "perks" the state workers get.
Consolidate the schools - yeah - that means shutting some down and firing teachers. Let the teachers find other work like tutoring. They would make a boatload more money with private tutoring than they ever would with a teacher's paycheck.
Those are three.
- ValLv 61 decade ago
Pelosi, Feinstein and Boxer are all from California, vote them out in November. Obama is from Illinois, looks like the USA is next in line.
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- spankyLv 61 decade ago
They should follow Chris Christie's example of how to run a government...STOP THE SPENDING.
- Anonymous1 decade ago
I love it. Keep voting for those demmycraps!
- GeorgiaCowboyLv 51 decade ago
- Paul Grass™Lv 71 decade ago
welfare payment, state salaries, and other wasteful entitlementsSource(s): May God Bless you and keep us all safe from the progressive axis of evil,0bama,Pelosi&Reid