3 prevailing budget truths for Illinois
3 prevailing budget truths for Illinois
Three facts prove that sensible spending coupled with pro-growth reforms is the solution to the current crisis. 1. Illinois has a spending problem. Not a revenue problem. If Illinois spending had grown at the same rate as inflation and Illinois’ population, the state’s expenditures would have been $8 billion less than they were in 2014. Extending...
By Ted Dabrowski
Failed $2.2 billion temporary budget was unbalanced, more of the same for Illinois, according to GOMB
Failed $2.2 billion temporary budget was unbalanced, more of the same for Illinois, according to GOMB
A last-ditch attempt at a temporary budget represented the same untenable spending pattern that taxpayers cannot afford.
By Jonelle Lesniak
It’s time for a true balanced-budget requirement for Illinois
It’s time for a true balanced-budget requirement for Illinois
For years Illinois politicians have used borrowing and budgeting gimmicks to give the false appearance of balanced budget.
By Ted Dabrowski
Ending Illinois’ budget crisis: No more business as usual
Ending Illinois’ budget crisis: No more business as usual
Flooding Springfield’s coffers with new money is a tried-and-failed approach.
By Ted Dabrowski, John Klingner
10 facts about Illinois’ budget showdown
10 facts about Illinois’ budget showdown
The new fiscal year has started, and Illinois doesn’t have a state budget. Now what?
By Jeffrey Schwab
Tax growth approaches double the pace of income growth in Illinois
Tax growth approaches double the pace of income growth in Illinois
Money flowing to Illinois’ state and local governments grew much faster than the average Illinoisans’ paycheck from 1969-2012.
By Austin Berg
Obama urges Congress to pass law letting Puerto Rico declare bankruptcy, time to let Illinois do the same
Obama urges Congress to pass law letting Puerto Rico declare bankruptcy, time to let Illinois do the same
If the White House wants to give Puerto Rico the right to bankruptcy, it should extend the option to all states and territories.
Black men hit hardest by Illinois’ manufacturing losses
Black men hit hardest by Illinois’ manufacturing losses
For inner-city families without the luxury of a private education, an Illinois manufacturing job is and always has been the first rung up the economic ladder.
By Michael Lucci
Illinois politicians should take note as Greek, Puerto Rican debts blow up: ‘This is not politics, this is math’
Illinois politicians should take note as Greek, Puerto Rican debts blow up: ‘This is not politics, this is math’
For Greece and Puerto Rico, avoiding sustainable solutions has lead to fiscal ruin. When will Illinois’ lawmakers stop whistling past the graveyard?
By Michael Lucci
2015 manufacturing scoreboard: Illinois -7,900; Indiana +5,000; Michigan +12,800
2015 manufacturing scoreboard: Illinois -7,900; Indiana +5,000; Michigan +12,800
Illinois is home to the worst manufacturing recovery in the entire Midwest.
By Michael Lucci