Illinois’ pension crisis has been a growing problem for decades, and its negative effects on state residents are well documented.1 Economic fallout from the COVID-19 pandemic and related government shutdown orders threaten to bring that long-running crisis closer to its breaking point. The state’s five pension systems collectively held nearly $139 billion of debt at...View Report
An amendment has been filed in the Illinois House of Representatives that would remove language making local government officials criminals simply for enacting Right-to-Work laws. But significant problems remain.
While Chicago-area taxpayers struggle under a heavy tax burden, lawmakers – who continue to ignore reforms the state desperately needs – are now on a two-week vacation.
Luxembourg’s ambassador to the United States has voiced objections to an Illinois House bill that would label Luxembourg a tax haven and subject corporations expatriated there to restrictions on investments and business dealings with the state of Illinois.
Proposed legislation to commemorate former President Barack Obama’s birthday as a state holiday in Illinois would have cost taxpayers nearly $20 million in state personnel expenses and lost productivity.