After nearly a month’s delay due to the federal government’s shutdown, the Bureau of Labor Statistics announced yesterday that the national unemployment rate edged down in September to 7.2 percent from 7.3 percent one month earlier. Overall, 11.3 million Americans remain unemployed. The U-6 unemployment rate, which includes all workers who are unemployed or underemployed,...
The number of Illinoisans enrolled in the Supplemental Nutrition Assistance Program, or SNAP, remained above 2 million in July. This is the 10th month in a row enrollment has exceeded 2 million, or one-sixth of Illinoisans. And the number of Illinoisans who seem permanently stuck on government assistance is growing larger. Illinois puts more people...
State Rep. Naomi Jakobsson, D-Urbana, recently revealed a new progressive tax proposal with rates that hit Illinois’ middle and working classes hard. Under current Illinois law, the individual income tax rate will be 3.75 percent in 2015. Under Jakobsson’s new plan, however, a higher 4 percent rate kicks in for people earning just $18,000. That income tax...
While the media and public are focused on the calamitous ObamaCare rollout and glitch-ridden health exchange websites, several court cases challenging the Affordable Care Act, or ACA, are working their way through the courts. Today, one of those cases could deal ObamaCare a severe legal blow. Judge Paul Friedman of the federal district court for...
Today marks the first day of the Illinois General Assembly’s two week veto session. Veto session is held for six days every fall to allow the General Assembly to take action on bills that the governor has vetoed. Since the spring legislative session, the governor has vetoed 10 bills – only three of those bills...
The delay in unemployment reports due to the federal government shutdown has not changed Illinois’ overall gloomy jobs picture. Unemployment is still high in many cities across the state. According to the latest seasonally adjusted unemployment numbers from the U.S. Bureau of Labor Statistics, half of Illinois’ Metropolitan Statistical Areas, or MSAs, had unemployment rates...
The Obama administration has emerged from its bunker and is now in full-fledge campaign mode on ObamaCare after the recently unveiled online enrollment system has encountered numerous glitches and low sign-up rates. The most revealing thing about President Barack Obama’s Rose Garden speech this morning is that – after a calamitous roll-out – he never...
Chicago Mayor Rahm Emanuel plans to increase the cigarette tax in Chicago by 75 cents per pack. The tax hike would increase the per-pack total to $7.42 — making Chicago the most expensive city in the nation in which to buy a pack of cigarettes. This tax hike is one of the plans Emanuel is considering to...
The Illinois Supreme Court today struck down the state’s “Amazon Tax,” a state law that forced online retailers to pay Illinois taxes regardless of whether they had a storefront or other physical presence in the state. In its ruling, the Supreme Court indicated that it struck down the law because it conflicts with a federal...
As the Illinois General Assembly heads back to Springfield for veto session next week, here is a quick look at what elected officials have signed on to the Illinois Policy Institute’s legislative efforts to prevent lawmakers from amending the state’s constitution to permit a progressive income tax hike, which would increase taxes on 85 percent...
Every year, thousands of struggling Chicago Public School, or CPS, students are sent on to the next grade despite the fact that administrators and teachers know they aren’t ready – and they are destined to fall further behind. Research shows that promoting students before they are ready can have devastating long-term effects. In fact, unprepared...
A look at self-reported government union spending reveals budgets fraught with waste. Unions exist to represent workers, so that’s where the bulk of their money should go. Yet among the state offices of the four largest government worker unions, the portion of spending that goes to representation ranges wildly, from nearly $0.60 out of $1...
In January, the Illinois Department of Healthcare and Family Services, or HFS, began a new project verifying eligibility for Illinois’ 2.7 million Medicaid enrollees. For years, state workers had failed to take adequate steps to ensure the people receiving Medicaid benefits were actually eligible for the program. As an Auditor General report noted, state workers failed to...
Illinois government workers are able to retire before the age of 60 while collecting most of their final average salary.