Gov. J.B. Pritzker inherited a $2.8 billion budget deficit the moment he stepped into office. Next year, that deficit is projected to be $3.4 billion1. It’s the same story every budget season. But Illinois’ budget crises could be a thing of the past if the state would adopt pension reform, right-size its union contracts and...View Report
Springfield is facing mounting pressure to enact a massive state gas tax hike. One proposal would make the average motorist pay as much as $200 per year in additional taxes on gas.
Outgoing Chicago Mayor Rahm Emanuel’s administration is looking to make inroads on an increase in Illinois’ gas tax.
The state is borrowing millions to finance capital construction projects and information technology improvements. But Illinoisans continue to pay for the worst credit rating of any state in the nation.
Illinois state Sen. Dave Syverson, R-Rockford, joins state Rep. Dan Brady, R-Bloomington, in supporting an increase in the state’s gas tax.
It didn’t take long for Illinois’ spending machine to cram more debt down taxpayers’ throats. Only two months after signing a pension bill, Gov. Pat Quinn is borrowing yet another $1 billion to fund state construction projects. This will be the first large borrowing for Illinois since it passed Senate Bill 1, a pension fix...