Due to its poor financial health and lagging economy, Illinois carries unique economic and fiscal risks from a prolonged market downturn or recession. The state must act now to mitigate harm from COVID-19.View Report
Illinois has nation’s worst pension debt. Maybe that’s because state lawmakers take a problem they aren’t sure exists, apply a solution they don’t know will work and never determine the cost.
Laws barring taprooms from serving hard cider – and craft beer produced by other breweries – are among the regulations bounced by House Bill 4897.
Lawmakers met in Springfield on Tuesday for a special session on pension reform. After an early morning committee hearing, a gathering of each of the four legislative caucuses and several hours of lengthy floor debates, a pension bill passed the House and Senate, and now awaits Gov. Pat Quinn’s signature. The Illinois Policy Institute adamantly...