EDGE: Economic Development for a Growing Economy

How Illinois’ economic development agency flouts the law in plain sight

By Robert Steere
01/21/2015
The DCEO’s decision to play by its own rules deserves scrutiny not only because of its monetary cost, but because it involves a fiduciary failure symptomatic of governmental disregard for the rule of law. It exemplifies a political culture that must change if Illinois government is to turn the corner and move toward restoration and renewal.

TAGS: DCEO: Department of Commerce and Economic Opportunity, EDGE: Economic Development for a Growing Economy

WARN report: amidst 600 layoffs, state picks phone favorites

By Austin Berg
10/09/2014
Nearly 600 Illinois workers will be laid off come 2015, according to notices filed in accordance with the Workers Adjustment and Retraining Notification Act, or WARN. Among the layoffs – which include 123 workers at Dixon, Illinois-based Anchor Coupling Inc.; 82 workers at plastics products-maker Pp Il LLC; and 58 workers at Jim’s Formal Wear,...

TAGS: EDGE: Economic Development for a Growing Economy, Jim’s Formal Wear, Microsoft, Motorola, Nokia, WARN

Illinois has given companies more than $830M in EDGE tax credits since 1999

By Robert Steere
10/08/2014
Illinois’ Economic Development for a Growing Economy, or EDGE, tax credit program has been making the news from time to time during recent months, mostly in the context of discussions on how to reform Illinois taxes and grow Illinois’ economy simultaneously. The program is on the chopping block. Notably, talk of changes to the EDGE...

TAGS: EDGE: Economic Development for a Growing Economy