By any measure, the Affordable Care Act has been disastrous. But you would not know it by the administration’s fist-pumping and ball-spiking. The trumpeted headline dominating the news coverage is that the ObamaCare goal of 7 million enrollments was met. But this is horribly misleading. The reality is that the administration has, for months, refused...
Chicago Mayor Rahm Emanuel’s pension proposal, which is headed to Gov. Quinn’s desk, does very little to reform how Chicago’s pension systems work. Under his plan, workers and taxpayers would experience more of the same tired game, except they would be expected to contribute more to keep it afloat. But if Emanuel is going to rely...
A key tenet of the current Chicago pension reform proposal, which is headed to Gov. Quinn’s desk, is an Illinois Municipal Retirement Fund-style funding mechanism that seeks to guarantee that pension payments are made to Chicago’s funds each year. The mechanism allows the state to divert millions of dollars away from the city and into Chicago pension...
Last week Illinois Attorney General Lisa Madigan proudly announced a settlement that would allegedly ban the production of caffeinated alcoholic beverage called Four Loko. In a press release highlighting details from a 22-page settlement joined by 19 other states, the city of San Francisco and Four Loko’s Chicago-based maker, Phusion Products, Madigan boasts the agreement...
About three weeks ago, we sounded a warning about House Bill 5485, which would allow arbitrators to set minimum staffing levels in fire departments throughout Illinois. Since then, news outlets throughout Illinois have been taking note of this bill, pointing out to readers that it would take Illinois in the wrong direction by making unions...
State Sen. Don Harmon’s progressive tax hike proposal would be a massive tax increase on Illinois businesses. A recent Tax Foundation report shows that 61 percent of Illinois employers are pass-through entities – meaning their earnings are taxed at the personal income tax rate instead of the corporate income tax rate. Examples of pass-through entities...
The Illinois Senate passed Senate Bill 2776 to lower the cost to create a Limited Liability Company to $39 from $500. This piece of legislation, which rightfully received bipartisan support, will take effect immediately upon receiving Gov. Pat Quinn’s signature. LLC fees are unnecessary and harm low-income entrepreneurs. In fact, LLC fees function like a...
The Chicago Transit Authority, or CTA, has effectively fired the blue line operator who fell asleep and crashed a train into the O’Hare International Airport terminal. CTA authorities announced today the worker was issued a termination notice, which is effective immediately. They may have fired the operator for now, but this is just the beginning...
Should this Twitter ad be illegal? State Rep. Chapa LaVia, a Democrat from Aurora and head of the House Elementary and Secondary Education Committee, thinks so. She’s the chief sponsor of a bill that would prohibit “any and all marketing and advertising to the public for charter school enrollment and recruitment made by a charter...
The U.S. jobless rate remained at 6.7 percent in March, according to the Bureau of Labor Statistics. The national jobless measure has not improved for three months. U.S. payrolls picked up 192,000 workers in March, slightly below expectations of 200,000. Employment gains were made in professional and business services (57,000), food and drink services (30,000),...
Chicago politicians have exploited city-worker pensions for nearly two decades.
Chicago politicians have exploited city-worker pensions for nearly two decades. They’ve used the city’s pension systems as slush funds and pension benefits as bargaining chips to further their own agenda, with seemingly no regard for Chicago’s fiscal health. Now those pension systems are nearly insolvent and the city is heading toward bankruptcy. Chicago is facing...
UPDATE: The CTA is changing how rail operators are scheduled as a result of a review of the crash that injured at least 30 people at the O’Hare International Airport Blue Line station, the agency said today. READ MORE … Does the latest Chicago Transit Authority, or CTA, Blue Line crash at O’Hare feel like déjà...
Can you help us fight ObamaCare in Illinois? The Liberty Justice Center has a plan to bring a lawsuit challenging a major part of ObamaCare’s implementation in Illinois – but we need people in Illinois who are affected by ObamaCare to be our plaintiffs. Here’s what the lawsuit is about. The Affordable Care Act passed...