An investigation in December 2017 found that a convention for municipalities and public agencies ran taxpayers nearly $120,000 in exhibition and hospitality costs. A proposal making its way through the General Assembly would bar state funds from contributing to these excesses.
Spending has consistently outpaced state tax revenues in Illinois for more than a decade. To avoid future tax hikes, Illinois must impose real fiscal discipline on state lawmakers.
Illinois lawmakers passed hundreds of bills in 2017, but enacted no real reforms to boost the state’s economy, rein in the cost of government or provide relief to taxpayers.
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.