A little-known, but important, provision in the Affordable Care Act, or ACA, is coming under increased scrutiny. The ACA, commonly known as ObamaCare, includes provisions to pay insurers for their financial losses in the ObamaCare exchanges. Known as “risk-corridor payments,” health insurance companies could receive up to 80 percent of the money they lose in...
As few as 11 percent of those purchasing new health insurance policies and believed to be eligible for coverage in the ObamaCare health insurance exchanges were previously uninsured, according to a recent survey by McKinsey & Co. In other words, the Affordable Care Act, or ACA, which was supposed to reduce the uninsured by almost...
It’s time to bring school choice to Illinois – so says the Chicago Tribune, in a convincing editorial published this weekend. Not only did the Tribune discuss the poor performance of Chicago’s persistently low-performing schools, it also talked about successful school choice programs in Wisconsin and Indiana – Illinois’ neighbors to the north and east....
Pam is a mom in northern Illinois whose son, Joshua, needs constant care because of a rare genetic syndrome that causes severe intellectual and developmental disabilities. Pam receives a modest subsidy from a Medicaid-waiver program that allows her to stay home and take care of Joshua. She isn’t a state employee; she just gets a...
What’s making it harder for Illinois parents to save for a child’s college education, and for working moms to take that next step in their careers? What’s driven a record 91.8 million Americans to give up and no longer look for work? Reduced economic freedom. Economic freedom has powerful effects. It not only drives job...
Reforms that will empower parents, reward and retain high-quality teachers and improve student outcomes are proceeding at a snails’ pace in Illinois. That’s not me talking – it’s StudentsFirst, a national education reform organization headed by former Washington D.C. public schools Chancellor Michelle Rhee – in a report late last week. The organization’s national report...
The Tax Foundation released an analysis of the proposal to dump Illinois’ fair, flat tax in favor of a progressive tax. The conclusion: a progressive income tax would deliver a devastating blow to Illinois’ already struggling business climate. Illinois had the 17th most competitive tax climate for businesses just a few years ago. But the state’s rank plummeted 14...
In the race for Illinois governor, campaign contribution restrictions have legally been lifted. Labor union’s political action committees, or PACs, have long been primary financial backers of Democrats both in Illinois and nationally. Unsurprisingly, these PACs are now throwing extraordinary amounts of cash behind Gov. Pat Quinn’s re-election bid. Quinn’s political war chest is closing...
The Tax Foundation—a nonpartisan, D.C.-based think tank—hosted a press conference in Chicago this afternoon on the effects of a proposed tax increase in Illinois. The Tax Foundation’s analysis of the proposed progressive tax legislation found that: Illinois’ “State Business Tax Climate Index” ranking could fall to 44th from its current 31st ranking if the proposed progressive income...
Chicago City Council passed new e-cigarette regulations on Wednesday, 45–4. E-cigarettes will now be banned from indoor public places, including bars and restaurants, as well as within 15 feet of building entrances. Last month it looked like the Chicago City Council would do the right thing for once and back off plans to regulate e-cigarettes...
The Tax Foundation released an analysis of the proposal to dump Illinois’ fair, flat tax in favor of a progressive tax that would force people to pay higher taxes as their income increases. The conclusion was unsurprising: a progressive income tax would deliver a devastating blow to Illinois’ already struggling business climate. The Tax Foundation...
In a repeat of last month’s disappointing employment news, eight of Illinois’ 10 Metropolitan Statistical Areas, or MSAs, saw their unemployment rates rise compared to November 2012, according to November’s metropolitan area unemployment report from the U.S. Bureau of Labor Statistics. The Decatur and Danville regions are still suffering the highest unemployment in the state,...
Earlier this week in a televised White House address President Barack Obama said, “I can’t name a time where I met an American who would rather have an unemployment check than the pride of having a job.” But Obama’s statement is contrary to recent statistics released by the U.S. Department of Labor, which show many...
Last month it looked like the Chicago City Council would do the right thing for once and back off plans to regulate e-cigarettes like tobacco products. On Monday, however, the city’s Joint Health and Finance Committee changed course, voting 14-5 to approve additions to Chicago’s Clean Indoor Air Ordinance that would severely restrict the use...