Gov Pat Quinn's solution to $11.6B deficit

March 18, 2009

Current deficit: $11.6B

Gov Pat Quinn's proposal:

No tax change families of 4 making < $57K.

Lower income families: personal exemption icreased from $2K - 6K

Individual income tax: 3 - 4.5%
Corporate Income tax: 4.8 - 7.2%

Expected to generate $3.1B

Money would be kept by the state

4-yr driver's license: $10 - $20
Basic license plate: $70 - $99
Land of barry temporary license plates $60

Increase vehicle title fee for infrastructure and job development:

"Illinois Jobs Now!" $26 billion public works program that he said would create 340,000 jobs over several years.

$18.6 billion in transportation projects, including road repair and mass transit, and 10 percent of the new income-tax revenue would pay for school construction and unspecified "economic development" projects.

To help pay for indigent medical care:

Cigarette tax $0.98 - $1.38
$1.38 - $1.98 following year

Liquor? Firearms and ammunition?

Increase funding by $174 to schools

Refinancing state debt -> save as much as $500M during fiscal year ending June 30, 2010.

Source: Chicago Tribune's RAY LONG & RICK PEARSON

blago's quote of the day

January 14, 2009

Blagojevich's quote of the day as he presided over his impeachers was from Lincoln:

With malice toward none and charity for all, let us come together and get the business of the people done.

Unfortunately, the people he is dealing with want to impeach him.

"Bleeping Blago Burger"

January 6, 2009

Kuma's Corner on Belmont Avenue in Chicago is serving a "Bleeping Blago Burger".

It's served between two American cheese sandwiches, topped with bologna and has a large $ in mustard on the top.

The rest of their menu has Heavy Metal titles: Black Sabbath, Metallica, Led Zeppelin...

How about a "Pay-to-play" pup. A hot dog with everything and extra shredded lettuce on top.

Drew Peterson engaged

December 18, 2008

Drew Peterson engaged