Meat & Poultry Inspector Supervisors Paid $616K
Meat & Poultry Inspector Supervisors Paid $616K
by Will Compernolle The Department of Agriculture for the State of Illinois paid 11 meat and poultry inspector supervisors $616,597.87 in combined total wages in the fiscal year 2008. The average meat and poultry inspector supervisor was paid an annual salary of $56,054.35 with the highest salary being $61,633. The Illinois Department of Central Management Services website...
Illinois borrows to pay unemployment benefits
Illinois borrows to pay unemployment benefits
by Kristina Rasmussen Add this to Illinois’s debt tab. According to the State Journal-Register: Illinois has borrowed more than $2.2 billion from the federal government since July 2009 to pay unemployment benefits. Unemployment benefits are funded through withholding taxes on employers; raising those taxes in a fragile economy is a non starter.
SEC Charges NJ — is IL Next?
SEC Charges NJ — is IL Next?
by Kristina Rasmussen This bit of news is creating quite a stir in certain circles: The U.S. Securities and Exchange Commission (SEC) charged the state of New Jersey Wednesday with lying and withholding information to investors in billions of dollars worth of municipal bond deals. The allegations involve $26 billion of bond offerings from 2001 to 2007 in...
Public Education 2.0
Public Education 2.0
by Collin Hitt A new national group has formed to advance online and technology-driven learning in public schools, the Digital Learning Council. I’ve been asked to serve on the council, an honor considering the accomplished careers of those who’ll also be joining the group – for starters, the council is co-chaired by former governors Bob Wise and Jeb Bush. It looks...
Teachers, Unions, and Transparency
Teachers, Unions, and Transparency
by Kate Piercy From S.T. Karnick at The American Culture: In case you missed it, LA Times reporters Jason Felch, Jason Song and Doug Smith used California’s public records law to obtain seven years of math and English test scores from the Los Angeles Unified School District. They asked Richard Buddin, a well-respected analyst at the RAND Corporation,...
Unfunded Public Pensions
Unfunded Public Pensions
by Kate Piercy R. Eden Martin, president of the Civic Committee of the Commercial Club of Chicago, offers some solutions to the critical pension problem facing Illinois in today’s Wall Street Journal. Martin concludes, “Public pension funds are in dire need of change, but state and local hopes for a federal bailout now stand in the way...
Top Marginal Tax Rate of 88 percent!
Top Marginal Tax Rate of 88 percent!
Veronique de Rugy of the Mercatus Center at George Mason University constructed the diagram below using data from the Congressional Budget Office during the very early stages of the Great Recession and before the Obama presidency. It shows the increase in marginal tax rates required to fund entitlement spending for 2010, 2050 and 2082. The required increase...
By Chris Andriesen
Recovery Numbers Not as Rosy as They Seem
Recovery Numbers Not as Rosy as They Seem
by Amanda Griffin-Johnson At the end of July, the White House’s Recovery Accountability and Transparency Board claimed more than 750,000 jobs were funded by the economic stimulus package last quarter. This estimate was the highest total reported so far, and some saw this as “encouraging news.” But Veronique de Rugy, a senior research fellow at...
Clout Hiring Alive in Chicago
Clout Hiring Alive in Chicago
by Amanda Griffin-Johnson A clout hiring scandal in Chicago’s Department of Transportation (CDOT) has led to a five-day, unpaid suspension for an engineering technician and the resignation of a Deputy Commissioner. The Chicago Sun-Times reports: Jim Bolster was slapped with the five-day suspension “for assisting” his boss, former Deputy Commissioner Gilberto Quinones, in Quinones’ quest to...
Film Review: The Myth of the Middle Class School
Film Review: The Myth of the Middle Class School
by Kristin Nisbet* The Pacific Research Institute and director Nick Tucker created a film adaption of a book titled “Not as Good as You Think” by Lance Izumi, Vicki Murray and Rachel Chaney. This film of the same name questions the assumption that having a well manicured lawn and owning a house in the suburbs is key to gaining access to...
Congress bails out the unaffordable status quo
Congress bails out the unaffordable status quo
by Collin Hitt Congress approved another bailout yesterday. This one for state governments and local school districts. The feds will print $26 billion, ostensibly to forestall 161,000 teacher layoffs. Without getting into the details about the nationwide teacher hiring glut of the past ten years, the threat to fiscal federalism from this new ‘stimulus,’ or...
Illinois’s State Sales Tax Holiday
Illinois’s State Sales Tax Holiday
by Ashley Muchow Another great cartoon from Scott Stantis of the Chicago Tribune. Illinois’s State Sales Tax Holiday commenced August 6th and is set to last until August 15th. See our blog on the tax holiday and a bit more from the Tax Foundation on the political gimmick.
Turning recession into depression
Turning recession into depression
by Kristina Rasmussen Regular readers know that we’re no fans of the political propaganda signs that dot America’s debt-funded “stimulus” projects. With that in mind, a photo I came across on Facebook today tells the real story.