Grayslake sounds like a great place for a mystery. It could be the name of a mansion overlooking a foggy moor upon which a wealthy young heiress was found dead of arsenic poisoning among half a dozen acquaintances, all with serious grudges.
In the aftermath of this months scramble to pass something anything that politicians could call pension reform, heres the most important reason why taxpayers should be grateful the Nekritz-Biss plan was shelved: the funding guarantee.
Illinois Policy Institute Executive Vice President, Kristina Rasmussen, appeared on ABC 20 to discuss the Auditor General’s report, which found that Illinois’ unfunded pension liability grew nearly $12 billion in fiscal year 2012. The unfunded liability in the state’s retirement systems has ballooned by nearly $12 billion in the last budget year. That’s according to...
Is your wallet a little thinner these days?
Aside from crime, spending and transportation, Chicago leaders are looking to take a hard line on energy drinks
An open records request to the governor's office revealed the only new cost for the entire website was a $23 purchase to reserve domain names at GoDaddy.com.
Illinois Policy Institute’s Vice President of Policy, Ted Dabrowski, joined Varney & Co. on Fox Business to discuss poverty in Illinois — one in three residents lives at or near poverty.
The holidays are over and kids have been back in school for weeks. But students in Grayslake District 46 are back at home now that teachers are on strike.
Gov. Pat Quinns Office of Management and Budget recently released its three-year budget projections for Illinois General Fund. According to the report, Illinois will end fiscal year 2013 with a $242 million budget surplus.
Illinois education financing system is rife with poorly designed policies.
We keep looking for leadership and we keep ending up with politics.
How confident do you feel that Illinois will be able to pay its bills in 2013 and beyond?
Learn more about the disadvantages of a progressive income tax.
Although the pension fund for state employees predicted it would earn $850 million in fiscal year 2012, it actually earned less than $6 million. The fund posted an investment return of just 0.05 percent, far below the 7.75 percent it expected.