Wirepoints
Recent News About Wirepoints
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No “gathering outside the home” school admin tells kids
No “gathering outside the home” school admin tells kids Check out what Glenview officials are demanding of some students.
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WIREPOINTS: New Census data: Illinois’ education spending per student grew most in nation between 2007 and 2019, and yet student achievement flatlined
A Wirepoints analysis of new U.S. Census education finance data finds that Illinois education spending per student grew 70 percent between 2007 and 2019, the most in the nation. That’s nearly two times more than the national average over the same period.
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WIREPOINTS: New U.S. Census data: Illinois education spending grew most in nation, and yet student achievement flatlined
A Wirepoints analysis of new U.S. Census education finance data finds that Illinois education spending per student grew 70 percent between 2007 and 2019, the most in the nation. That’s nearly two times more than the national average over the same period.
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From Prairie State Wire
Wirepoints makes a data-backed argument about why Illinoisans 'can and must get back to work'
When Gov. J.B. Pritzker signed off on the stay-at-home order that essentially shut off Illinois' economy five weeks ago, few could argue with his reasoning. Now, though, a government watchdog group claims the current reality warrants opening the state back up.
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From Prairie State Wire
Illinois has enough ventilators for COVID-19 patients, according to state's data
If Gov. J.B. Pritzker gets the 4,000 ventilators he's requested, Illinois could end up with 2,280 more ventilators than it needs under worst-case scenario projections for the coronavirus crisis in Illinois, according to an analysis of recently released data from the state.
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From Prairie State Wire
More than half of Illinois' police and fire pension funds are underfunded, Wirepoints reports
Financial decay is happening at all levels of Illinois state government, according to the president of state news aggregation and research site Wirepoints.
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Public safety pension fund in Springfield under 50 percent funded, study shows
The combined police and fire retirement fund in Springfield is only 48 percent funded, according to a new analysis of Illinois pension debts by Wirepoints.org.
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From Prairie State Wire
Wirepoints calls out Pritzker for doubling state's gas tax, breaking promise to middle class
Illinois state lawmakers have a dubious history of subjecting residents to gas tax hikes, but the recent doubling of the state gas tax to 38 cents per gallon seems to have taken things to an entirely new level.
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From Prairie State Wire
Pritzker’s claims of paying down pension debt “simply dishonest,” fiscal watchdog says
The recently approved state budget hardly makes Illinois the beacon of fiscal prudence that Democratic Gov. J.B. Pritzker and legislative leaders claim it is, budgetary analysts at Wirepoints say.
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From Prairie State Wire
Illinios education officials want half the state's budget, Wirepoints warns
Illinois education officials are out to get half of the state's budget—and they just might—to the detriment of the state's taxpayers, according to an online Wirepoints newsletter issued earlier today.
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From Prairie State Wire
State facing huge debt for public-sector retiree health benefits, says Wirepoints
Illinois's "other debt disaster" is $73 billion in unfunded state retiree health insurance benefits and more than twice that amount owed over the next four decades, according to a special report issued this week by an online news outlet.
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From Prairie State Wire
Population falling, but Illinois government leaders agree to spend, borrow more
Illinois state government leaders say they will spend a record $38.5 billion and borrow an estimated $11.5 billion over the next year, according to a fiscal year 2019 budget plan approved by Gov. Bruce Rauner.
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Democrats living in fiscal fantasy, Wirepoints founder says
The recently passed state budget is little more than a fantasy to fix Illinois, Wirepoints founder Mark Glennon contends.
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Wirepoints founder says bankruptcy inevitable for Illinois
With $130 billion in unfunded pension liabilities and a prohibition against any measure to retroactively reduce those liabilities, Illinois is inevitably headed toward bankruptcy, according to Mark Glennon, founder of Wirepoints Illinois News.
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Report shows 'true' accounting of pension liabilities more than double what governments say; Expert: debt is 'utterly absurd'
Financial expert Mark Glennon of Wilmette says in his analysis of a new study on state and local pensions that the options available to reduce the substantial obligations facing Illinois funds include amending the state constitution or going through federal bankruptcy.
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'Privilege tax' bills described as Illinois exit signs
Rather than bring in more money for the state, a pair of bills would probably drive more businesses out of Illinois, the founder of a financial website says.