In a recent study, Illinois received a grade of D for the negative impact its collective bargaining laws have on taxpayers and government workers alike.
Each year, the City Council holds hearings for every city department to justify their annual appropriation. These hearings are sparsely attended and rarely touch on spending. This year, more than half of Chicago aldermen skipped budget hearings.
Illinois House Speaker Mike Madigan’s grip on the state’s legislative process once delayed the Cubs’ quest for lights at Wrigley Field – and 30 years later, the Cubs are still feuding with politicians.
In his annual budget address, Mayor Rahm Emanuel provided an optimistic outlook on city finances, but no major reforms to give taxpayers reason to smile.
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.