When Gov. Bruce Rauner vetoed bipartisan debt transparency legislation last year, he argued that the measure sponsored by Rep. Fred Crespo was in essence an attempt to “micromanage” state government’s executive agencies.
Daily Herald Editorial Board, January 29, 2018
When Gov. Bruce Rauner vetoed bipartisan debt transparency legislation last year, he argued that the measure was in essence an attempt by Illinois Comptroller Susana Mendoza to “micromanage” state government’s executive agencies.
Given state government’s woeful fiscal record, a little micromanaging would actually be a good thing — and if anyone else has doubts about that, we suggest they review the first debt transparency report released since Rauner’s veto was overwhelmingly overridden.
The legislation’s sponsor in the House, State Rep. Fred Crespo of Hoffman Estates, eagerly points out that the first monthly report also shows that state agencies currently have bills of about $2.5 billion and liabilities yet to be submitted of an estimated $1.2 billion.
“Contrary to what Gov. Rauner claimed when he rejected this legislation,” Crespo said in a prepared release, “these reports are going to give taxpayers and legislators a clearer picture of what is actually owed to schools, small businesses, social service providers and others.
“Next month, when the governor presents his budget proposal to the General Assembly, he must not only address these needs but he must lay out a plan to address the over $2 billion in unauthorized debt that his administration accrued.”
Mendoza and Crespo are Democrats but outside of Rauner, debt transparency has considerable support among Republicans, too.