Mandating more reasonable spending growth is the first step in a journey back to solvency for Illinois. The cap provides certainty today for a more responsible state government tomorrow.
The bill would cut off Illinois’ new tax credit scholarship program if the Illinois State Board of Education determined public school funding levels were inadequate.
Despite objections from faculty, one university chancellor is pressing for a campus restructuring that includes curbing the tuition-heightening costs of administrative bloat.
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.