{"id":24181,"date":"2017-06-20T20:21:41","date_gmt":"2017-06-21T01:21:41","guid":{"rendered":"http:\/\/olduvai.ca\/?p=24181"},"modified":"2017-06-20T20:21:41","modified_gmt":"2017-06-21T01:21:41","slug":"illinois-comptroller-the-state-can-no-longer-function","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=24181","title":{"rendered":"Illinois Comptroller: “The State Can No Longer Function”"},"content":{"rendered":"

Illinois Comptroller: “The State Can No Longer Function”<\/a><\/h3>\n
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With just 10 days to go until Illinois enters its third year without a budget, resulting in the state’s imminent downgrade to junk status and potentially culminating in a default for the state whose unpaid bills now surpass $15 billion, Democratic Illinois Comptroller Susana Mendoza issued a warning to Illinois Gov. Rauner and other elected officials on Tuesday, saying in a letter that her office has “very serious concerns” <\/strong>it may no longer be able to guarantee “timely and predictable payments” <\/strong>for some core services.<\/p>\n

In the letter posted on her website<\/a>, Mendoza who over the weekend warned that Illinois is “in massive crisis mode” and that “this is not a false alarm<\/a>” said the state is “effectively hemorrhaging money” due to various court orders and laws that have left government spending roughly $600 million more a month than it’s taking in<\/strong>. Mendoza said her office will continue to make debt payments as required, but indicated that services most likely to be affected include long-term care, hospice and supportive living centers for seniors. She added that managed care organizations that serve Medicaid recipients are owed more than $2.8 billion in overdue bills as of June 15.<\/p>\n

“The state can no longer function <\/strong>without a responsible and complete budget without severely impacting our core obligations and decimating services to the state’s most in-need citizens<\/strong>,” Mendoza wrote. “We must put our fiscal house in order. It is already too late. Action is needed now.<\/strong>”<\/p>\n

Unveiling the most dire langage yet, in her letter Mendoza said “we are now reaching a new phase of crisis<\/strong>” perhaps in an attempt to prompt the Democrats and Republicans to sit down and come up with a comrpomise:<\/p>\n<\/div>\n<\/section>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

Illinois Comptroller: “The State Can No Longer Function” With just 10 days to go until Illinois enters its third year without a budget, resulting in the state’s imminent downgrade to junk status and potentially culminating in a default for the state whose unpaid bills now surpass $15 billion, Democratic Illinois Comptroller Susana Mendoza issued a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[9989,15401,15400,4318],"class_list":["post-24181","post","type-post","status-publish","format-standard","hentry","category-economics","tag-illinois","tag-rauner","tag-susana-mendoza","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24181"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24181\/revisions"}],"predecessor-version":[{"id":24182,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24181\/revisions\/24182"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}