By nightfall Monday, you and your children could be additional hundreds of millions of dollars in debt. The Cook County Board may vote on whether to borrow that money to cover its operating costs. The best alternative: Make modest cuts of perhaps 6 percent in a government bloated with surplus and politically connected employees.
Yes, this is the same Cook County Board that in 2008 foolishly raised the sales tax by a full percentage point. With that needlessly extorted revenue now raining from the sky, board President Todd Stroger wants to borrow still more. Anything to avoid the downsizing and economizing he's been promising for years.
His new debt, of course, instantly becomes your new debt.
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