If you want to start a small business in Illinois, there are different forms your new business can take. For example, you can have a sole proprietorship, a partnership, a corporation or a limited liability company, or LLC. The LLC is a relatively recent innovation that has advantages over the corporate form, and it can...
Although it has been reported that Gov. Pat Quinn has nearly 400 bills to sign, veto or change by the end of August, in the past week he has enacted three important pieces of legislation that the Illinois Policy Institute championed throughout the spring legislative session that ended in May. Last Friday, Quinn signed the Illinois Water...
A federal judge said Friday he won’t order a halt to the 50 school closings Chicago Public Schools officials announced in March. The Associated Press reported: “In a 54-page ruling posted Thursday, US. District Judge John Lee says parents who requested an injunction stopping the closures hadn’t shown kids forced to attend new schools would be...
Today, Gov. Pat Quinn signed two pieces of legislation that result in greater budget transparency. The bills – House Bill 2947 and House Bill 2955 – which have both passed out of the Illinois General Assembly, mandate that the governor’s office posts the Illinois state budget online, and specifically identifies if there a budget surplus or a deficit within...
Recently, unions have been encouraging fast food workers to hold out for a $15 an hour wage in Chicago and other cities. Proponents have argued that fast food employees deserve more than they have been getting, and that the pay boost will improve the economy. But if they succeed, a different effect could take place: the...
The New York Times recently revealed yet another ObamaCare implementation delay. “In another setback for President Obama’s health care initiative, the administration has delayed until 2015 a significant consumer protection in the law that limits how much people may have to spend on their own health care. “The limit on out-of-pocket costs, including deductibles and co-payments, was...
The Illinois Department of Employment Security, or IDES, announced today that the Illinois unemployment rate increased to 9.2 percent in July from June’s revised rate of 9.1 percent. Illinois’ unemployment rate is still 1.8 percentage points above the national average, which fell to 7.4 percent in July. The number of unemployed Illinoisans now stands at 604,700, up...
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...
Former U.S. Rep. Jesse Jackson Jr. was sentenced to 2½ years in prison Wednesday after pleading guilty to stealing more than $750,000 from his campaign fund and illegally using the money for personal purchases. “I was wrong and I don’t fault anyone,” he said. His wife received a term of one year and will have...
In a weekend appearance on Las Vegas PBS’s “Vegas Week in Review,” Sen. Harry Reid, D-Nevada, not only admitted that ObamaCare is designed to fail; but he also admitted that the law is one step toward a single-payer health care system. This admission should be added to the growing pile of ObamaCare’s broken promises. Just as many of the law’s...
Studies have shown that paying teachers for earning a masters’ degree is one of the worst ways to spend money in education. U.S. Secretary of Education Arne Duncan said as much in a 2010 speech: “Doing more with less will likely require reshaping teacher compensation to do more to develop, support and reward excellence and effectiveness,...
In the wake of the Detroit bankruptcy, the media have paid a lot of attention to the effects of Detroit’s massive population loss – increased corruption, ineffective public safety and an unsustainable pension system, to name a few. But among the hundreds of articles written about the city after it declared bankruptcy, no one has...
More than 2 million Illinoisans – 16 percent of the state’s population – are on food stamps according to the U.S. Department of Agriculture. Supplemental Nutrition Assistance Program, or SNAP, enrollment numbers continue to rise in Illinois, and have been continuing to increase across the nation. Illinois added nearly 20,000 people to food stamp rolls...
We write a lot about the ridiculous things government officials in Illinois do, but make no mistake: officials in other states do plenty of outrageous stuff, too. In Tennessee, for example, there’s Child Support Magistrate Lu Ann Ballew. When two unmarried parents had a dispute over whose last name their child should take, Judge Ballew decided to...