Tuesday, February 12, 2008

Dems ruin state economy

The state's Democratic governor and Democratic General Assembly have produced this mess, after five years of assaulting business and job growth. It comes from the Democratic Comptroller, Dan Hynes.

Hynes on Monday released a "special report" on state finances that predicted sales-tax and corporate income-tax collections will continue to decrease. That, in turn, could further delay state payments to Medicaid providers, prompting them to stop serving the poor because they can't afford to wait more time to be paid.

"The fiscal outlook for Illinois is not optimistic," Hynes says.

"I don't think there's any more latitude in terms of pushing [Medicaid] bills off," he told the Sun-Times' editorial board. "Providers are starting to say 'We've had enough.' They're starting to walk away."

It's the biggest financial mess in the nation.

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