Despite the fact most Illinoisans attention has been diverted towards the Governor's possible impeachment, our state's budget situation edges towards crisis. Perhaps the House special investigation committee can add that to their list of "high crimes and misdemeanors," except Democrats in both chambers helped us get where we are.
In the meantime, normal, everyday citizens are left to deal with a dragging economy, possible layoffs, pay cuts, and rough financial times -- cutting into the state's projected revenue and stepping up the likelihood of financial collapse.
The Daily Herald offers a list of practical financial advice to start off the new year, things our lawmakers and governor should also consider in facing the budget crisis:
Live within your means.
Pay off debts as they occur.
Delay purchasing big new items until the recession eases.
Set aside a 6 to 12 month reserve for rainy days (or recessions).
Check your credit status report.
Fairly practical, but somehow things lawmakers ignore...but expect us to do and be prepared to cough up more when times get rough.
Hopefully, our lawmakers have made this simple list a part of their lawmaking new year's resolutions.