Press Room

Illinois surpasses 1 million new unemployment claims

More than 1 in 5 Illinoisans are out of a job following two months of Gov. J.B. Pritzker’s stay-at-home order

COVID-19 fallout: Illinois is losing more than $183 million per day

Illinois’ economy on pace to shrink by 7.4% this year as the state approaches 1 million jobless claims

Typical Illinois family could pay between $286 and $1,056 more under progressive income tax to offset COVID-19 revenue losses

New analysis shows Illinois income tax collections could fall by as much as $6.6 billion this year

Nearly 1.5 million Illinoisans at risk of layoffs or reduced work time due to COVID-19 pandemic

Illinois Policy Institute experts available to comment on potential economic fallout of businesses around the state

Cook County sees nation’s second-worst population decline of the decade

All Illinois-based metropolitan areas lost population for the second straight year

Recession triggered by COVID-19 could lead to $5.5 billion drop in tax revenue, $6.3 billion budget deficit

Analysis from the Illinois Policy Institute measures the costs of COVID-19 and recommends pain prevention

Illinois Forward: Common-sense alternatives to the “Fair Tax”

CHICAGO (Feb. 17, 2020) – Illinois could face a $3 billion budget deficit and $24.5 billion bill backlog by 2025 if Gov. J.B. Pritzker sticks with the status quo at Wednesday’s budget address. To end this perpetual fiscal crisis, the nonpartisan Illinois Policy Institute released solutions to balance the budget, stabilize the pension system, eliminate the bill...

Love hurts: Progressive income tax would hit more than 4 million Illinoisans with marriage penalty

Pritzker’s income tax rates would force 96% of Illinois couples to pay higher income taxes