Chicago pension funds still among nation’s worst funded

By Seton O'Scannlain
08/16/2022
Over-promised benefits continue to sink Chicago’s finances as the recent bear market eats into 2021 stock market gains. Investments gaining 25% last year plus federal aid didn’t offer much help to city pension systems, which have more debt than 45 states.

TAGS: Chicago, pensions

Illinois retiree: Amendment 1 could cost me my home

By Ann Miller
08/12/2022
Voters decide Nov. 8 whether to pass Amendment 1 – a hidden tax hike that could cost Illinois taxpayers, including fixed-income retirees, their homes and put homeownership farther out of reach for young families.

TAGS: Amendment 1

Lawmakers should let Illinoisans vote on tax hikes

By Joe Tabor, Seton O'Scannlain
08/12/2022
Amendment 1 has many more negatives than voters will ever realize, but one of those is a $2,100 property tax hike. Illinoisans should vote on all taxing and spending hikes, not just those presented to them as vague constitutional amendments.

TAGS: Amendment 1, taxes