Despite Illinois’ severe financial problems, less than 3 percent of bills passed by the 99th General Assembly and enacted into law have fiscal notes.

Illinois hasn’t had a budget in two years. And it’s been more than 15 years since the state had a balanced budget. But lawmakers – who are currently on a two-week spring break – continue to be paid.

About two-thirds of state revenue comes from income and sales taxes.

The latest report from the Commission on Government Forecasting and Accountability shows Illinois experienced falling tax collections, indicating trouble in the state economy. Spending reforms – not tax hikes – are what Illinois needs to right its fiscal ship and boost economic growth.

Though Illinois lawmakers leave without addressing the current fiscal impasse, it’s been 16 years since the General Assembly last balanced the budget.

The Taxpayer Bargain finally shifts the budget conversation in favor of taxpayers over politicians, with a plan that balances the state budget without tax hikes.

State and local costs for workers’ compensation are out of line with what other states pay.

Illinois’ revenues are falling each month of this fiscal year, and it will be difficult to change course.

Despite a fight from the union, the Illinois Department of Corrections is replacing 124 unionized nurses with private subcontractors, which could save taxpayers millions each year.

Bailout bills moving in the Illinois General Assembly would attempt to turn Illinois’ massive debt problems into guaranteed profits for banks and bondholders and a lower standard of living for other Illinoisans.