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IL Policy Institute statement on proposal to overhaul education funding formula

New report on education funding shows 89 cents of every new dollar for education goes to pensions – not classrooms. CHICAGO (Jan. 25, 2016) – Today, Illinois Senate President John Cullerton proposed an overhaul to the way Illinois funds its public schools. While Cullerton and other lawmakers called for a change to the state’s complex...

Today: U.S. District Court to hear case challenging Illinois campaign finance laws

CHICAGO (Jan. 25, 2015) – A federal lawsuit challenging Illinois’ campaign finance laws – which place campaign contribution caps on average citizens but not on certain politicians – will go to trial before the U.S. District Court in Chicago starting today. The trial is expected to last three days. Presiding over the case is Judge...

Preliminary jobs report: Illinois lost 16,300 jobs in December; state closes the year with 3,000 fewer jobs than in December 2014

Today, preliminary economic performance numbers for Illinois for the month of December were released by the Illinois Department of Employment Security. These numbers show Illinois lost 16,300 jobs in December, marking the largest, single-month job loss of the year. The new employment figures also show that Illinois had fewer jobs in December 2015 than it...

IL Policy Institute statement on pension proposal

Illinois Gov. Bruce Rauner and Republican legislative leaders proposed a pension-reform plan based on Senate President John Cullerton’s 2013 “consideration” proposal. Although the plan proposed today does not solve the state’s pension crisis, it restarts the process of putting Illinois’ government retirement systems on a sustainable path forward.

Monday: U.S. Supreme Court to hear case that could end forced union dues

In this case, the court will decide if government workers can be required to pay union dues or fees as a condition of employment.

BLS jobs report: Illinois has stagnant jobs growth in November

While more people are beginning to look for work in the state, Illinois’ harmful economic policies have forced many into unemployment.

St. Clair County: Report: Property tax growth in Illinois outpacing personal income growth 3:1

In St. Clair County, homeowners pay 4 percent of their household income to property taxes

Boone County: Report: Property tax growth in Illinois outpacing personal income growth 3:1

In Boone County, homeowners pay 6.2 percent of their household income to property taxes; Winnebago County homeowners pay 6.4 percent of household income toward property taxes