Click here to view this TUA Comment as a PDF.
At the most recent national election, heads rolled in Washington and candidates for both chambers of Congress were elected who purported to be fiscal conservatives. Now these newly-elected public officials must show some backbone and make good on their campaign promises…if they are to keep their heads.
More than 40% of federal spending is borrowed. This year, the federal budget’s deficit is estimated to be more than $1.5 trillion. The easy way out is to increase the federal debt limit and borrow more, which is favored by Washington’s perennial spenders. The less popular but more desirable action would be to cut federal spending, balance the budget, and make way for real tax cuts. Read more →
Click here to view Illinois’ Top 100 Government Pensions.
Click here to view this News Release as a PDF.
CHICAGO–A just-released study by Taxpayers United of America (TUA) of the Top 100 pensions received by retired government employees in Illinois, funded by the state’s pension programs, reveals “absolutely astounding” cash payouts, according to the Vice President of TUA.
“Our study shows that as of April 1, 2011, not only has the number of retired Illinois government employees receiving pension benefits of over $100,000 a year climbed to 5,294, an increase of 22% from June 30, 2010, but that the pension payouts to the top 100 government retirees are astronomical by any standard,” said Christina Tobin, TUA Vice President. Read more →
Taxpayers United of America President Jim Tobin spoke out against Ald. Burke’s wasteful spending to ABC 7 News Tuesday night. Watch the video below.
Source: ABC 7 News
