America’s War on Poverty has been an abject failure. Nearly $12 trillion and 60 years later, official poverty rates remain basically unchanged. While the nation waged a well-intentioned assault on poverty, it inadvertently launched a far more sinister war: on dignity. While attempting to eradicate poverty, America created countless government welfare programs. In doing so,...View Report
The Illinois General Assembly approved $100 million in grants so students can choose a private or public university. But when it comes to giving that private or public choice to low-income students, there soon may be no choice at all.
Illinois state lawmakers shorted pensions by $4.1 billion and killed scholarships for low-income students, but gave themselves pay raises and a new office building. Their budget leaves no room for error as revenue projections drop.
Before deciding who best can lead Chicago through its financial problems, it helps to understand what those problems are. Here’s a primer.
Chicago Mayor Lori Lightfoot unveiled her 2023 budget proposal and deleted a $42.7 million property tax hike originally tied to inflation.
Politicians use a loophole to bypass the Illinois Constitution’s requirement that bills be read on three separate days before they are passed. Instead, they often gut minor bills and put significant legislation in the bills within a day of the vote.
Gov. J.B. Pritzker’s newest campaign ad credits him for paying the state’s bills on time. The commercial fails to mention the influx of federal stimulus for the COVID-19 pandemic that kept Illinois’ finances afloat.
In one of his first re-election political TV ads, Illinois Gov. J.B. Pritzker takes credit for passing a balanced budget. Budget documents tell a different story, showing a deficit instead of the reported surplus.
Despite claims Illinois’ budget was “balanced,” a closer look shows federal stimulus money propped it up. Only long-term reform on pensions, taxes, health care and school district consolidation can balance state finances and end 21 years of deficits.
Despite claims during Gov. J.B. Pritzker’s speech, his budget documents show a flood of federal COVID-19 aid temporarily shrank Illinois’ deficit but failed to balance its budget. His next budget will not end well.
Gov. J.B. Pritzker is expected to unveil $1 billion in temporary tax cuts on groceries, property taxes and gas bills in his new budget. It all goes away just months after he seeks reelection Nov. 8, changing little.