It is no secret that Illinois' financial condition continues to deteriorate. Illinois is grappling with a full-fledged financial crisis with Republican Gov. Bruce Rauner warning the state is entering "banana republic" territory. Facing billions in unpaid bills and pension obligations, the state is hitting a cash crunch that is rare even by Illinois standards. A top financial official just warned 100 percent of the state's monthly revenue will be eaten up by court-ordered payments. Rauner is calling a special session of the Democrat-led General Assembly in a bid to pass what he hopes will be the first full budget package in almost three years.
Even the lottery is not safe. If a budget is not passed by June 30th, the state required payment to keep the Illinois lottery running will be missed and sales of Powerball and Mega Millions tickets will cease.
However, according to John Kass at the Chicago Tribune, there is another option: "The best thing to do is to break Illinois into pieces right now. Just wipe us off the map. Cut us out of America's heartland and let neighboring states carve us up and take the best chunks for themselves." Under Kass' scenario Wisconsin would absorb Chicago. And in taking care of the political class, we would receive the Milwaukee Cubs, the Beloit Blackhawks, the Sheboygan Bulls and the Fond du Lac Bears.
Good enough trade?
Read more about The Kass Plan here.