Gov. Quinn attacking the Institute on CapFax blog
Gov. Quinn attacking the Institute on CapFax blog
Why the No Pension Bailout project matters
Why the No Pension Bailout project matters
The goal of No Pension Bailout is to prevent the federal government from bailing out Illinois or any other states that have mismanaged their funds. We oppose a bailout because not only would it destroy state sovereignty and the concept of fiscal federalism once and for all, it would also transfer trillions of dollars from...
Five things you need to know about AFSCME vs. Gov. Quinn
Five things you need to know about AFSCME vs. Gov. Quinn
Negotiations between the State of Illinois and District Council 31 of the American Federation of State, County, and Municipal Employees are at a standstill.
New JEC report shows why spendthrift states need structural reform, not a bailout
New JEC report shows why spendthrift states need structural reform, not a bailout
A new report by the Joint Economic Committee, or JEC, provides even more evidence that the federal government should never bail out state pension debt. Here are just a few of their findings.
Gov. Quinn refuses to rule out accepting federal bailout of Illinois’ pension debt
Gov. Quinn refuses to rule out accepting federal bailout of Illinois’ pension debt
Last week the Illinois Policy Institute launched "NoPensionBailout.com," a national project aimed at preventing a federal bailout of state pension debt.
Open letter to Mayor Rahm Emanuel
Open letter to Mayor Rahm Emanuel
After nearly a year of collective bargaining and a seven day strike, you have reached a tentative agreement with the Chicago Teachers Union.
The blame game: Illinois’ unemployment rate jumps to 9.1 percent
The blame game: Illinois’ unemployment rate jumps to 9.1 percent
For the third straight month, Illinois' unemployment rate climbed. More than 9.1 percent of Illinoisans are now unemployed, a full percentage point higher than the national average of 8.1 percent, according to the Bureau of Labor Statistics.
Gov. Quinn should never seek a federal bailout of Illinois’ pension debt
Gov. Quinn should never seek a federal bailout of Illinois’ pension debt
All across the country, states are grappling with pension funds that are massively underfunded. Under new accounting rules, Illinois’ unfunded pension debt stands at a whopping $209 billion. And that’s not counting the debt for retiree health insurance, pension bonds or all local retirement debt. Recent calculations have put the total level of states’ unfunded pension...
A crisis wasted: Rahm ignores his own advice
A crisis wasted: Rahm ignores his own advice
Rahm Emanuel famously argued that
Institute on Illinois Watchdog: DeMint
Institute on Illinois Watchdog: DeMint
The Illinois Policy Institute launched
A meditation on the Chicago Way
A meditation on the Chicago Way
A few parting observations, lessons to be learned, and things to watch in the future: Any positives in the contract? Yes, but… It is hard to find positives in the contract, but for what it’s worth: Chicago had one of the shortest school days and years in the US. The school day is a bit longer and...
Sen. Jim DeMint: Don’t bail out state pensions
Sen. Jim DeMint: Don’t bail out state pensions
Bailout of state pensions would force taxpayers in prudent states to pay for fiscal irresponsibility of Illinois, California
Institute on RedState: Don’t Bail Out Public Pensions!
Institute on RedState: Don’t Bail Out Public Pensions!
U.S. Sen. Jim DeMint (R-South Carolina), the Senate
Institute on Talk Radio News Service: DeMint warns against state pension bailout
Institute on Talk Radio News Service: DeMint warns against state pension bailout
Sen. Jim DeMint (R-S.C.) and other conservatives said today that it would be a mistake for the federal government to consider bailing out states that are in danger of defaulting on massive pension liabilities.