CHRONICLE: Republican lawmaker, Comptroller team up to force Rauner to be transparent about debt

Share the Story

Republican State Representative David McSweeney and Democratic Comptroller Susana Mendoza are teaming up to force a legislative override of a bill vetoed by Governor Bruce Rauner.

Rauner vetoed the “Debt Transparency Act,” a bill that would make the state’s debt more transparent. The veto would allow the Administration to withhold information from the public about the true amount in unpaid bills that the state is holding.

During the state’s more than two-year budget impasse, the amount in unpaid bills more than tripled, reaching over $16 billion. Lawmakers last month overrode Governor Rauner’s veto of a budget package that would allow the state to start paying down those bills.

“With a $16 billion backlog of unpaid bills, and $200 billion in total liabilities when you add in the pension debt, I don’t trust this governor, I don’t trust this administration,” McSweeney said. “We need monthly reporting.”

“Ascertaining the precise nature of the state’s past-due obligations and liabilities is an essential component of responsible cash and debt management,” Mendoza wrote to McSweeney.

The General Assembly will return to a veto session Oct. 24 to address remaining issues.

Related Articles