Illinois House Democrats pass temporary budget, Senate must concur, Rauner says he won’t sign By Darlene Senger 07/10/2015 Even if Senate Bill 2040 passes into law, it only buys the General Assembly a couple of weeks. TAGS: budget
Growth through tax hikes? Illinois tried it – and failed By Ted Dabrowski 07/09/2015 Arguing that tax hikes are a precursor to growth and a flood of new residents is simply backward. TAGS: budget, cloud tax, income tax, sales tax
Who really deserves blame in Illinois’ budget impasse? By Heather Weiner 07/09/2015 If nothing is getting done in the Capitol, voters should look first to those most capable of taking swift action: Madigan and his Democrat supermajority. TAGS: budget, Mike Madigan
Cook County judge rules some state workers get minimum wage in absence of budget By Heather Weiner 07/07/2015 Figuring out who qualifies for the payments will be a logistical nightmare, according to the state comptroller’s office. TAGS: budget, minimum wage
In budget battle, Illinois leaders should respect the Constitution 07/02/2015 State leaders took an oath to uphold the Illinois Constitution. But they show deference to the document only as it suits them. TAGS: budget
Failed $2.2 billion temporary budget was unbalanced, more of the same for Illinois, according to GOMB By Jonelle Lesniak 07/01/2015 A last-ditch attempt at a temporary budget represented the same untenable spending pattern that taxpayers cannot afford. TAGS: budget
Ending Illinois’ budget crisis: No more business as usual By Ted Dabrowski, John Klingner 07/01/2015 Flooding Springfield’s coffers with new money is a tried-and-failed approach. TAGS: Bruce Rauner, budget
10 facts about Illinois’ budget showdown By Jeffrey Schwab 07/01/2015 The new fiscal year has started, and Illinois doesn’t have a state budget. Now what? TAGS: budget
Tax growth approaches double the pace of income growth in Illinois By Austin Berg 06/30/2015 Money flowing to Illinois’ state and local governments grew much faster than the average Illinoisans’ paycheck from 1969-2012. TAGS: budget, spending
Illinois politicians should take note as Greek, Puerto Rican debts blow up: ‘This is not politics, this is math’ By Michael Lucci 06/29/2015 For Greece and Puerto Rico, avoiding sustainable solutions has lead to fiscal ruin. When will Illinois’ lawmakers stop whistling past the graveyard? TAGS: budget, Chicago, debt, pensions, Puerto Rico