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Cooling down an overheated US economy doesn’t have to be painful

By Orphe Divounguy
06/03/2022
As jobs growth and wage growth show signs of slowing, tax and regulatory changes could help prevent economic pain.

TAGS: economy, Federal Reserve, Illinois, inflation

Illinois first to rely on ‘lender of last resort’ borrowing from Federal Reserve

By Adam Schuster
06/19/2020
Illinois' credit rating is just one notch above junk, the lowest of any U.S. state.

TAGS: borrowing, credit, Federal Reserve, JB Pritzker, Municipal Lending Facility

Federal Reserve throws credit lifeline to near-junk Illinois

By Adam Schuster
04/16/2020
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.

TAGS: bonds, borrowing, coronavirus, COVID-19, credit rating, Federal Reserve, rainy day fund

Proposal: Make Illinois property taxes highest in the nation to pay state pension debts

By Austin Berg
05/16/2018
A proposal to levy a statewide 1 percent residential property tax would vault Illinoisans’ property tax burden to the highest of all 50 states.

TAGS: Federal Reserve, municipal pensions, pensions, property taxes, taxes

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Center for Poverty Solutions / Research Report

Beyond degrees: Empowering Illinoisans through career-first education


Published June 3, 2025 EXECUTIVE SUMMARY The best path to empowerment and success, especially for poor people, is work. Work allows us to prosper while providing dignity, upward mobility, the means to support ourselves and create value for others. It’s how we become thriving members of our community. Central to this process is our education...

View Report

Report Archive

Budget + Tax / Your Story

Allan Luzbetak

Labor / Policy Point

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014
Illinois Policy In the News

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016

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