Regulatory regimes in Illinois often discourage workforce participation without enhancing public welfare. One Senate bill, however, would require regulators to demonstrate the necessity of new rules before imposing them on workers.
Under Illinois law, defaulting on student loan debt could jeopardize one’s occupational license. But a Senate bill would protect indebted workers from displacement.
Almost a quarter of Illinois workers need licenses to work in their professions, and workers who default on student loans can face the suspension of those licenses.
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.