Decatur City’s city manager is on his way to take the same post in Bloomington, and with it a raise that will push his income above 49 of the nation’s 50 governors.
One year after a record-setting tax hike the state still can’t balance a budget, has done nothing to solve long-term fiscal problems and has further damaged its economic growth.
Yes, the state has a budget. But how that budget came to be reveals the reasons our state continues to spend with abandon, tax too much and fail in fostering an economy where its people can prosper.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.