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Accounting expert questions Illinois lawmakers’ claim of balanced budget

Cole Lauterbach  |  June 12, 2019

“… Illinois lawmakers have said the state budget they passed and Gov. J.B. Pritzker enacted was balanced and properly contributes to public pension accounts, but an accounting watchdog said that’s misleading. … ‘We passed a capital bill for the first time in ten years, a balanced budget, creating a lot more jobs, passed a balanced budget meaning that we’re not going to continue to increase our debt,’ Cullerton said. ‘We have a law and we’re following it. We’ve done it for eleven years straight.’ …”

Read the full article on: The Center Square

 
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