Amendment 1 would allow government unions to nullify hundreds of Illinois statutes – including laws aimed at protecting school children – simply by contradicting them in union contracts.View Report
As jobs growth and wage growth show signs of slowing, tax and regulatory changes could help prevent economic pain.
Illinois' credit rating is just one notch above junk, the lowest of any U.S. state.
The Federal Reserve announced unprecedented plans to directly purchase up to $500 billion in state and local government bonds. States with poorly managed finances, such as Illinois, stand to benefit most, but long-term threats loom without structural reforms.
A proposal to levy a statewide 1 percent residential property tax would vault Illinoisans’ property tax burden to the highest of all 50 states.