Illinois continues to shed jobs and underperform economically compared to its Midwestern neighbors, according to new federal and state reports.
Repeat offenses cost Illinois taxpayers hundreds of millions of dollars each year; removing obstacles to work would help combat this problem.
The Illinois General Assembly is refusing to fix Illinois’ structural problems. Downgrades are the consequence.
A new study from The Pew Charitable Trusts shows that Illinois’ tax revenues are up by 20 percent over their pre-Great Recession peak, debunking the oft-repeated mantra that Illinois is just one more tax hike away from solving its fiscal problems.
Illinois should adopt term limits for its elected officials to diminish the unchecked power of career politicians such as House Speaker Mike Madigan.
“Not totally dead” yet In the Chicago suburbs of Burr Ridge, Naperville and Hinsdale this summer, sales of high-end real estate hit a huge slump, which continues. For example, Crain’s Chicago Business reports the city of Burr Ridge has 100 homes on the market priced at $1 million or higher, but only 14 have sold...
Flawed property valuations and the process required to fix them are a cash cow for law firms, including those of House Speaker Mike Madigan, Chicago Alderman Ed Burke and Illinois Senate President John Cullerton.
“Pay to play” might take on a whole new meaning in Chicago.
Illinois Comptroller Leslie Munger announced the state will delay a $560 million pension payment as the state’s government-pension-driven fiscal crisis worsens.