Why Illinois needs a turnaround in 12 graphics
Why Illinois needs a turnaround in 12 graphics
The failures of Springfield are many, the state and local crises are real, and the time for action is now.
Quote of the day, April 27
Quote of the day, April 27
Cadillac tax will cost Illinois billions without health-benefit reforms
Cadillac tax will cost Illinois billions without health-benefit reforms
If retiree health benefits remain unchanged, Illinois taxpayers will foot the bill for an estimated $1 billion through 2035 in Cadillac taxes on retiree health-insurance plans alone.
Quote of the day, April 25
Quote of the day, April 25
Closing imaginary loopholes in Illinois’ public-records law
Closing imaginary loopholes in Illinois’ public-records law
While the Freedom of Information Act is abundantly clear, secrecy-obsessed bureaucrats often claim exemption.
Bill repealing ban on ex-offender employment in schools passes Illinois House
Bill repealing ban on ex-offender employment in schools passes Illinois House
HB 494 empowers employers to find the best match for their school based on full information of a job applicant’s history.
7-year negative returns in stocks and bonds, fraudulent pension promises
7-year negative returns in stocks and bonds, fraudulent pension promises
How did Illinois’ pension plans become so underfunded? In general, by promising far more than can possibly be delivered.
Going to a Turnaround hearing and want the facts?
Going to a Turnaround hearing and want the facts?
Download this handout to inform yourself and others who attend!
Illinois’ pension squeeze hits Lake Zurich
Illinois’ pension squeeze hits Lake Zurich
Lake Zurich is struggling under the weight of growing pension costs.
The Chicago penalty
The Chicago penalty
Chicago paid a premium on its recent bond offerings. Why? Default risk.
Illinois moves to ban red-light cameras statewide
Illinois moves to ban red-light cameras statewide
Ideally, the state wouldn’t have to get involved, and local governments would act in the best interests of taxpayers. But the latter isn’t happening.
Yield on Chicago Public Schools bond offering hits 5.63%, bankruptcy the sensible option
Yield on Chicago Public Schools bond offering hits 5.63%, bankruptcy the sensible option
Where is the school district going to get $1.1 billion? The state? Think again.
Quote of the day, April 23
Quote of the day, April 23
March jobs report: Illinois workforce shrinks, manufacturing continues bleeding
March jobs report: Illinois workforce shrinks, manufacturing continues bleeding
Illinois’ manufacturing payrolls have declined in 21 of the last 30 months.