Quote of the day, October 21
Quote of the day, October 21
Illinois’ September 2015 jobs report: Businesses lay off thousands of blue-collar workers
Illinois’ September 2015 jobs report: Businesses lay off thousands of blue-collar workers
Illinois continues to shed jobs and underperform economically compared to its Midwestern neighbors, according to new federal and state reports.
The high cost of recidivism
The high cost of recidivism
Repeat offenses cost Illinois taxpayers hundreds of millions of dollars each year; removing obstacles to work would help combat this problem.
Fitch cuts Illinois credit rating, cites budget gridlock, massive debt and sluggish growth
Fitch cuts Illinois credit rating, cites budget gridlock, massive debt and sluggish growth
The Illinois General Assembly is refusing to fix Illinois’ structural problems. Downgrades are the consequence.
Illinois’ tax revenues increased more than those of any state but North Dakota since Great Recession
Illinois’ tax revenues increased more than those of any state but North Dakota since Great Recession
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.
The Dude
The Dude
Quote of the day, October 19
Quote of the day, October 19
Illinois needs term limits
Illinois needs term limits
Illinois should adopt term limits for its elected officials to diminish the unchecked power of career politicians such as House Speaker Mike Madigan.
Quote of the day, October 17
Quote of the day, October 17
Warning signal: High-end home sales slow to a crawl in Chicago suburbs
Warning signal: High-end home sales slow to a crawl in Chicago suburbs
“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...
Meet the politicians getting rich off Chicago’s property-tax scheme
Meet the politicians getting rich off Chicago’s property-tax scheme
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.
Quote of the day, October 16
Quote of the day, October 16
Cook County plans to hike taxes on bowling, golf and cable TV
Cook County plans to hike taxes on bowling, golf and cable TV
“Pay to play” might take on a whole new meaning in Chicago.
Illinois’ budget crunch: No cash for pensions
Illinois’ budget crunch: No cash for pensions
Illinois Comptroller Leslie Munger announced the state will delay a $560 million pension payment as the state’s government-pension-driven fiscal crisis worsens.