Pension costs for state government workers reached an all-time high in 2016, consuming 25 percent of the state’s general budget.1 Today, more than $8 billion of the state’s yearly $32 billion budget goes to pay for pension costs, sapping tremendous amounts of money from social services for the developmentally disabled, grants for low-income college students, and aid to home...View Report
Due to fiscal crises, both state and local governments are asking more and more from the same taxpayers – encouraging many of them to leave instead.
The status quo isn’t working for Illinois; the state needs serious reforms to get its spending under control, pay down its debt, and rein in the taxes that are driving its people across state lines.
Pension costs alone now consume a quarter of the Illinois state budget.
For years, Illinois lawmakers have prioritized government-worker pay and benefits over social services. Between 2000 and 2015, contributions to Illinois state-worker pension funds shot up 586 percent, while state payments for human services increased by only 10 percent.
Illinois' budgeting process is not fair to the people of Illinois.
llinois Comptroller Leslie Munger said Speaker Madigan's budget proposal would increase the state's unpaid bills to $15 billion and cause eight to nine month payment delays for vendors.
Despite a constitutional requirement to do so, Illinois politicians have not passed a balanced budget since 2001.
Temporary, unbalanced budget now moves to the governor’s desk for approval – Rauner has said he will veto the measure.
Smashing the status quo means respecting Illinoisans’ interests.
For years Illinois politicians have used borrowing and budgeting gimmicks to give the false appearance of balanced budget.