Press Room

Illinois Policy Institute five-year plan repairs Illinois’ fiscal crisis by addressing root cost drivers

Chief economist points to state’s economic decline as cause for pension reform, spending cap

In the year since Illinois passed a record-setting, permanent income tax increase, the state saw its highest population loss in recent history

The Illinois Policy Institute also supports a constitutional amendment to the state’s pension clause.

Small businesses accounted for 83 percent of new jobs in Illinois last year

School district pressed charges when student recorded audio of meeting with middle school principal

Much like Gov. Rauner, Pritzker will be at the mercy of the most powerful House speaker in U.S. history.

Experts available to provide reaction, commentary to state and local elections

SPRINGFIELD, Ill. (Oct. 18, 2018) — S&P Global Ratings has placed a negative outlook on the city of Springfield’s finances, citing growing pension costs. This represents an increased chance of a future downgrade, putting extra pressure on the city to stabilize before it becomes costlier to take on new debt. Springfield is among many Illinois cities including…

This spending could cost the state about $31.3 billion in foregone economic activity and 132,000 fewer new jobs in the first year alone.