Illinois’ comeback story starts here.

Illinois credit downgrade prompts delay of bond sale

Illinois credit downgrade prompts delay of bond sale

This morning Illinois was forced to delay a $500 million bond sale – essentially, borrowing $500 million to finance state government operations. The delay was due to a drop in lender confidence in Illinois’ credit worthiness.

Quinn owns 11 of Illinois’ 20 credit downgrades

Quinn owns 11 of Illinois’ 20 credit downgrades

Standard and Poor’s Rating Services just dropped Illinois’ credit rating to A- from A. There is not another state in the union with credit as lousy as ours. We are worse off than California.

School choice gives parents, students the freedom to flourish

School choice gives parents, students the freedom to flourish

Choice means giving parents the right to decide which educational option is best for their children, whether it be public schools, charter schools, private schools, online learning or homeschooling.

Institute on WAND TV: Illinois’ addiction to pork

Institute on WAND TV: Illinois’ addiction to pork

Institute policy expert, Jonathan Ingram, joined Doug Wolfe on WAND TV to discuss Illinois’ addiction to wasteful spending. Check our Piglet 2012 for examples of pork in Illinois. MUSEUM CAPITAL PROJECTS ABRAHAM LINCOLN MEMORIAL GARDEN FOUNDATION, INC. (Sangamon County) – $82,433. Renovation of the Ostermeir Farmhouse to add handicap accessible features, waterproof basement, replace carpet,...

Institute in Daily Herald: Defined benefit plans cannot be sustained

Institute in Daily Herald: Defined benefit plans cannot be sustained

Daily Herald published the following opinion piece by the Institute’s Vice President of Policy, Ted Dabrowski: Many civic groups are calling for the legislature to do something ? anything ? on pension reform. That’s fool’s advice. Instead, they should call on lawmakers to do the right thing. That means a defined contribution system. It’s the...

School Choice Week

School Choice Week

Josh Dwyer Director of Education Reform National School Choice Week is centered on the belief that parents should be empowered to choose the best educational environments for their children From Friday, January 22 to Saturday, February 2 organizations around the country will be sponsoring events related to promoting school choice. Celebrate and promote the ongoing...

Dropping out of pensions

Dropping out of pensions

State law doesn’t allow for the lawmaker, who entered the upper chamber in 2008, to drop out of the system.

No pay for Illinois lawmakers until the state pays all of its past due bills?

No pay for Illinois lawmakers until the state pays all of its past due bills?

What would happen if state officials had their paychecks suspended until the state paid all of its past due bills? State Rep. Charlie Meier, R-Okawville, thinks it would help the Illinois Legislature find a solution to the state's budget problems.